Analyst Sees Bitcoin Beyond $175K as Market Structure Shifts
Institutional ownership and changes in crypto financing may reduce bitcoin’s vulnerability to severe downturns, Siebert Financial analyst Brian Vieten argues. He sees expanding stablecoin payments as a catalyst for the cryptocurrency’s next advance. $175K Bitcoin Outlook Linked to Institutional Ownership Broader ownership and access to capital have strengthened bitcoin’s resilience since the crypto lending…
Story summary
Institutional ownership and changes in crypto financing may reduce bitcoin’s vulnerability to severe downturns, Siebert Financial analyst Brian Vieten argues. He sees expanding stablecoin payments as a catalyst for the cryptocurrency’s next advance. $175K Bitcoin Outlook Linked to Institutional Ownership Broader ownership and access to capital have strengthened bitcoin’s resilience since the crypto lending…
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