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Why is BTC the darling of institutions?In the contemporary financial system, the central bank is the source of liquidity in the financial market. When the central bank begins to release/contract liquidity, the changes in liquidity will be reflected in real-time in the price changes of bonds, commodities, foreign exchange, and financial derivatives, as well as in the changes in stock indices

Standard Chartered has raised its forecast for Bitcoin prices to as high as $120000 by 2024. According to Caixin News Agency on July 11, Standard Chartered has raised its bullish forecast for Bitcoin, with the latest forecast of up to $120000 by the end of 2024, nearly four times the current price, as cash-rich miners will reduce Bitcoin sales

Since the beginning of this month, the price of MATIC has increased by over 15%.The BNB price is expected to continue to climb to the intermediate target of $300

#Summer life check-in season#Bitcoin is a digital currency supported by a set of technologies called blockchain. It is a decentralized system without central banks or government agencies controlling transactions on a global scale

Another major financial giant is trying to apply for Bitcoin ETFs! As of last week, the number of attempts by US institutions to apply for this asset class was approximately 30, reigniting interest in the field.According to reports, asset management company Fidelity is preparing to apply for a Bitcoin spot exchange traded fund (ETF),Bitcoin prices are hovering around a one-year high

During the period from Friday evening to early Saturday morning Beijing time, Bitcoin, a highly spirited alternative asset in recent days, continued to soar, once reaching the $31000 mark and setting a new high for the asset within the year.(Bitcoin daily chart, source: TradeView)In fact, Friday's rise did not have any particularly solid positive news

Recently, under the high-pressure policy of the country towards virtual currencies, various major exchanges have reported various true and false news. Huo Coin has taken the lead in clearing mainland users, while domestic coin holders have greatly discounted

In recent weeks, the price of Bitcoin has exceeded the key resistance level of $30000, driving a significant bullish rebound in several counterfeit currencies. However, ETH prices did not receive a significant boost from the increase in BTC and continued to consolidate near the $1900 area

In a recent analysis, an experienced trader and analyst (@ Yodaskk on Twitter) shared a bullish medium-term forecast for Bitcoin (BTC), indicating that prices will rise significantly. This forecast is supported by three key indicators, which show the good prospects of the leading Cryptocurrency

The journey Bitcoin has taken to reach the milestone price of $28000 can be described as a thrilling roller coaster ride. The rise in its market dominance is parallel to the significant increase in the value of Bitcoin

The latest rise in Bitcoin has sparked huge investor confidence and bullish momentum in other tokens. It is expected that this trend will continue for a period of time, helping prices break through temporary resistance levels of $28000 and further break through $30000