The latest Bitcoin price rally is fueling the price fantasies of the Bitcoin bulls, which increasingly include institutional investors. The CEO of the asset manager Guggenheim Partners is now gripping the mill for the BTC evangelists \u2014 and is even surpassed by a colleague. The market update.After the all-time high is before the all-time high: After the Bitcoin exchange rate (BTC) set a new high in yesterday\u2019s trading session of just over 23,600 US dollars, it does not look like the bulls will leave the field without a fight. The key cryptocurrency started the day with a plus of 4.3 percent in the last 24 hours and climbed again just above the 23,000 US dollar mark at the time of going to press. With a market capitalization of currently 426 billion US dollars, 100 billion US dollars have flowed into BTC in the last seven days alone.It wasn\u2019t until late November that investment firm Guggenheim Partners told the US Securities and Exchange Commission (SEC) that it was reserving the right to invest up to $ 500 million from its Macro Opportunities Fund in BTC. Now Guggenheim CIO Scott Minerd has explained where he would like to see the Bitcoin course. Compared to the news portal Bloomberg, Minard gave an assessment for the best bitcoin bulls should scratch their hooves:Our fundamental analysis has shown that Bitcoin should be worth around $ 400,000Minerd justifies this ultra-bullish price outlook with the relatively low Bitcoin market capitalization \u2014 measured in terms of global GDP \u2014 especially compared to gold. Bitcoin shares many characteristics with the latter, with BTC having an \u201cunusual value for transactions.\u201dAccording to Minerd, Guggenheim already got into Bitcoin at $ 10,000. The planned expansion of the commitment is still awaiting approval by the SEC.Guggenheim invests in digital gold through the world\u2019s\u2026<\/p>","protected":false},"excerpt":{"rendered":"
The latest Bitcoin price rally is fueling the price fantasies of the Bitcoin bulls, which increasingly include institutional investors. The CEO of the asset manager Guggenheim [\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\/ru\/wp-json\/wp\/v2\/posts\/3031"}],"collection":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/comments?post=3031"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/posts\/3031\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/media?parent=3031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/categories?post=3031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/tags?post=3031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}