Bitcoinist
2020-06-24 06:15:44

Bitcoin Price Could Hit $50K on Just 1% Institutional Allocation: Messari

Bitcoin price has a likelihood of reaching near $50,000 if institutional investors allocate 1 percent of their portfolio to it. Data aggregator portal Messari noted the possibility in its recent note to clients, citing a string of reasons that could make Bitcoin a trillion-dollar market. Primary among them are risks associated with unprecedented monetary policies and declining trust in federal institutions. Bitcoin may hit a $50,000-valudation should institutional investors allocate as little as 1 percent […]

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer