April 27, 2024

Institutional Investors Raise Bitcoin Price To $ 500,000

Institutional Investors Raise Bitcoin Price To $ 500,000

In the annual report, specialists from the asset management company Ark Investment Management reported that, providedinclusion of the first cryptocurrency in portfoliosinstitutional investors with a share of only 2.5%, Bitcoin can increase in price to $200,000. And if the BTC share increases in the amount of 6.5%, this can push quotes up to $500,000.

Institutional Investors Raise Bitcoin Price To $ 500,000

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There is another model.For similar growth, it is enough for companies included in the S&amp;P 500 index to convert 10% of their cash reserves into digital gold, noted Ark Invest, pointing to the example of Square and MicroStrategy.

Institutions should take Bitcoin (BTC) into account, analysts said, as the asset "offers one of the most compelling risk rewards."

"We are confident that wealth managers should consider Bitcoin as part of a new asset class.", - they added.

Considering daily returns by asset classover the past 10 years, analysts have established that the share of bitcoin in the portfolio should be from 2.5% with minimal volatility to 6.5% to maximize profits.

Ark Invest analysts are also confident that the currentthe rise in the price of BTC is more fundamental than the 2017 rally. Given this fact, it can be argued that over the next 5-10 years, the market capitalization of the first cryptocurrency may increase to $ 1-5 trillion.

Where is it more profitable to buy bitcoin?

For the safe and convenient purchase of cryptocurrencies, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support the deposit and withdrawal of funds in rubles, hryvnias, dollars and euros.

The most reliable sites with the highest turnoverfunds, for several years the largest cryptocurrency exchange in the world has been Binance. The Binance platform is the most popular crypto-exchange in the CIS as well, since it has the maximum trading volumes and supports transfers in rubles from Visa / MasterCard bank cards and payment systems QIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

# Cryptocurrency exchange Official site Site evaluation
1 Binance (Editor's Choice) https://binance.com 9.7
2 Huobi https://huobi.com 7.5
3 Exmo https://exmo.me 6.9
4 Yobit https://yobit.net 6.3
5 OKEx https://okex.com 6.1

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability&#8212; stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • Platform Features– availability of additional features &#8212; futures, options, staking, etc.
  • final grade– the average number of points for all indicators determines the place in the ranking.

Institutional Investors Raise Bitcoin Price To $ 500,000

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