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Institutional Investors Return to Bitcoin To Disburse All Their Funds.

 

This value is the best result since the sale was made from early May and this is also affected by the collapse of the terra network and the UST stablecoin which has the third largest position in cryptocurrency.

At the beginning of March 2023 investment funds in cryptocurrency assets experienced a significant increase, because initially crypto assets were in the 11% position and increased to 31.4 billion.

This value is the best result since the sale was made from early May and this is also affected by the collapse of the terra network and the UST stablecoin which has the third largest position in cryptocurrency.

The cause of this very significant difference that dominates is bitcoin and it is very strong in terms of investment volume, it can reach up to 72.4% or around $22.7 billion.

While other coins can only donate around $ 1.5 billion or reach 5% of the total cryptocurrency assets, and Ethereum contributes $ 7.2 billion

This has a difference of up to 13% when compared to the asset value in January 2021 which has passed.

The current bitcoin price trend is due to several reasons, such as.

1. United States regulators declared a campaign against postal coins in 2023 and called it a security, so that the crypto trading kraken was forced to stop providing services.

This also caused Paxos to stop printing BUSD for the binance platform on February 21, 2023, this gave altcoins pressure to increase the value of BTC in the eyes of investors.

2. Like precious metals, bitcoin has also been equated with gold, because it is considered to be able to store investment value.

Due to an increase in existing inflation.

Thus resulting in the collapse of several banks and reduced insurance in the United States to save about $ 250,000. This has also led to increased interest in BTC so that it appears again.

The language that is easiest to understand is, BTC has a very good growth than gold.

When conditions are like this, it is very possible to attract goods that have limited supply, this gives a pretty drastic increase.

The same could give institutional investors the opportunity to increase their investment in the bitcoin network even under pressure from greatly increased regulations.