Bitcoin\u2019s market capitalization has surpassed $1 trillion \u2014 a decisive psychological threshold that was unimaginable just 5 or 6 years ago. One of the reasons behind the substantial price increase is the start of the institutional investors\u2019 phase \u2014 a period when big hedge funds, banks, and investment companies start entering the market. For example, last week, Rick Rieder, BlackRock\u2019s Managing Director, announced in an interview on CNBC that they had begun \u201cto dabble a bit\u201d into Bitcoin:Source: TwitterHowever, Reider didn\u2019t reveal how much money the largest asset manager in the world would invest in crypto.Nevertheless, this is just the beginning of the institutional investor\u2019s phase of this bull trend, and a lot of money is going to flow into the crypto world. As Binance CEO Changpeng Zhao (CZ) mentioned in his recent interview on Bloomberg, \u201cthis is just a reflection of how mainstream Bitcoin has become\u201d and according to him, \u201cwe\u2019re just seeing the tip of the iceberg.\u201d Cryptocurrency enthusiasts highlighted that, so far, just 11 big companies (including Tesla and BlackRock) have entered the market \u2014 a tiny portion of all those 350,000 companies around the world that are potential Bitcoin buyers. Therefore, CZ said he wouldn\u2019t be surprised if BTC reaches $1 million or even $10 million in the long run.Meanwhile, Ethereum co-founder and Cardano creator Charles Hoskinson congratulated the crypto community on the $1 trillion Bitcoin market cap, which he defined as a signal that crypto is here to stay; he also believes that the blockchain revolution is already inevitable.After another extremely positive week, the Monday market starts with a price pullback. At the time of writing, according to Coin360.com, one Bitcoin costs \u20ac44,491.33 (-6.31%), one Ethereum \u2014 \u20ac1,480.85 (-8.91%), and one LINK \u2014 \u20ac25.63 (-10.29%):Source: Coin360.com (Daily crypto market performance)Now let us analyze the price\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Bitcoin\u2019s market capitalization has surpassed $1 trillion \u2014 a decisive psychological threshold that was unimaginable just 5 or 6 years ago. One of the reasons behind [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts\/3706"}],"collection":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/comments?post=3706"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts\/3706\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/media?parent=3706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/categories?post=3706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/tags?post=3706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}