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Blockstream's Adam Back: Bitcoin is in the 'early stages' of a bull market

Summary by CNBC
Adam Back, co-founder and CEO of Blockstream, discusses the potential for Bitcoin to surge further on expectations a significant amount of institutional capital will flow into the market.

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Blockstream's Adam Back: Bitcoin is in the 'early stages' of a bull market

Adam Back, co-founder and CEO of Blockstream, discusses the potential for Bitcoin to surge further on expectations a significant amount of institutional capital will flow into the market.

·United States
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TheNewsCrypto - Blockchain & Cryptocurreny News Media | Crypto GuideTheNewsCrypto - Blockchain & Cryptocurreny News Media | Crypto Guide

How Different is Bitcoin Market Dynamic Compared to the Last Bull Run?

Bitcoin is trading above the $96,000 price level.  The Bitcoin market dynamics are different compared to the 2020/2021 bull run.  Bitcoin is trading close to the $96,000 price range after dropping to $93,487 earlier today. Even though the lower price ranges are common before a bull run, the market dynamics of Bitcoin are different this time. The overall crypto market cap is hovering at around $3.17 trillion with a slight increase of 0.53%. Meanw…

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ZyCryptoZyCrypto

‘Next Leg Of Bitcoin Bull Market Is Loading,’ Says Bernstein Amid Confluence Of Bullish Tailwinds

Bitcoin’s bull run is going to continue as fundamental stars start to align. That’s according to analysts at research and brokerage firm Bernstein, who said on Monday that investors should be prepared for the next leg of the bull rally in Bitcoin and equities related to the alpha crypto. Bitcoin Has More Room To Run Bernstein analysts Gautam Chhugani, Mahika Sapra, and Sanskar Chindalia believe that the current bull market started in Q4 of 2023 …

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coincodex.comcoincodex.com

Analysts Predict Next Phase of Bitcoin Bull Run as Whales Continue Stacking

Analysts at Bernstein expect that Bitcoin will continue its bull run as BTC strengthens its case as a challenger to gold. According to the analysts, this will be driven by adoption from large investors: “The confluence of adoption by banks, institutional investors, corporates and eventually sovereigns (directly or via sovereign funds) is positioning Bitcoin as the clear challenger to gold.” Trade Crypto on Kraken Although the Bitcoin market ha…

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TECHTELEGRAPHTECHTELEGRAPH

Bitcoin Bull Run Just Getting Started as Institutions Load Up, Says Bernstein - TECHTELEGRAPH

Bitcoin’s bull run is going to continue—thanks to the big money institutions.  That’s according to a report from global investment firm Bernstein, which said on Monday that investors should be prepared for a further rally in the asset and equities related to it.  Analysts Gautam Chhugani, Mahika Sapra, and Sanskar Chindalia wrote that the bull run was ignited by the prospect and later approval of Bitcoin exchange-traded funds in the U.S., and th…

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investincryptonews.cominvestincryptonews.com

Bitcoin Bull Run Just Getting Started as Institutions Load Up, Says Bernstein - Invest In Crypto News

Bitcoin’s bull run is going to continue—thanks to the big money institutions.  That’s according to a report from global investment firm Bernstein, which said on Monday that investors should be prepared for a further rally in the asset and equities related to it.  Analysts Gautam Chhugani, Mahika Sapra, and Sanskar Chindalia wrote that the bull run was ignited by the prospect and later approval of Bitcoin exchange-traded funds in the U.S., and th…

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decrypt.co broke the news in New York, United States on Monday, February 17, 2025.
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