5 Catalysts That Could Drive Bitcoin Higher: Bernstein
Bernstein analysts on Monday identified five structural forces that could drive Bitcoin‘s (CRYPTO: BTC) trajectory in the coming months, based on rising institutional demand, regulatory developments and new U.S. government initiatives.
The findings, according to Bernstein, lay out key inflection points now anchoring Bitcoin’s position within global capital markets.
What Happened: According to the report, one of the core developments underpinning Bitcoin’s market resilience is the establishment of a Strategic Bitcoin Reserve by the U.S. government.
Originally funded through seized BTC assets held across federal agencies, the Bitcoin reserve move has been widely interpreted by analysts as formal recognition of Bitcoin as a sovereign-grade asset akin to digital gold.
This designation …
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