Institutional Investors Are Not Going to Give Up Bitcoin

Despite the decline in the bitcoin rate to $ 31,000 on January 11, institutional investors, apparently, are not going to give up their investments in BTC.

For example, the founder of SkyBridge Capital Anthony Scaramucci wrote on the social network Twitter that, on the contrary, he is “investing to the maximum”, especially on this decline. At the same time, in December it became known that SkyBridge had invested $ 182 million in bitcoin.

Castle Island Ventures founder and Bitcoin enthusiast Nic Carter notedthat yesterday’s fall in the rate of the first cryptocurrency did not impress him at all:

“I didn’t feel anything when the rate reached $ 40,000, and even now I don’t feel anything. Maybe I will be glad when BTC will cost $ 100,000? After the “matured” cryptocurrency market collapsed by 50% per day in 2020 and the BTC rate reached $ 3,000, it’s hard to impress me. ”

Eric Wall, CIO of Arcane Assets, said he was happy when bitcoin surpassed $ 30,000. He would have felt anxiety if it dropped to $ 16,000:

“If you think about it, this ‘drop’ to $ 30,000 is just another powerful signal to buy bitcoins. Fundamental factors suggest that bitcoin is becoming a real asset, comparable to gold. And this trend is only developing. ”

Earlier, American investor and fund manager Bill Miller (Bill Miller) said that the growth of bitcoin reduces the associated risks.

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