According to Dragos, thanks to the inclusion of bitcoin in pension plans with deposits, the price of an asset can demonstrate a new historical maximum. This event, in its importance, may surpass the launch of the spotal bitcoin -etf.
“This is a signal about the potential attracting another $ 122 billion of new capital, if we assume that a modest 1% of the amount of funds in this sector will be allocated for crypto assets. And 1% is a relatively conservative assessment of the distribution for the sector of $ 12.2 trillion, ”Dragosh said.
He emphasized that the vast majority of governing pension plans, most likely, will recommend to customers to allocate 2.5%-3%under bitcoin.
According to Dragosh, the first receipts of funds from private pension accounts in Bitcoin can be expected in a few weeks. If the US Federal Reserve (Fed) will reduce the interest rate in September, the first cryptocurrency will again demonstrate the bull trend.
Earlier, Andre Dragosh said that the current rally of the first cryptocurrency is directly related to growing problems in the market of Japanese government bonds.
Source: Bits
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