The cryptocurrency market “froze” in anticipation of news from institutional investors, which can give new impetus to the most popular cryptocurrency – bitcoin; over the past seven days, the coin has not managed to overcome the psychological mark of $ 40,000, the director of Binance in Russia Gleb Kostarev told RIA Novosti.
According to the CoinMarketCap portal, today bitcoin is trading at $ 31,000.
Over the past seven days, the historic coin has not managed to overcome the new psychological mark of $ 40,000. The market “froze” in anticipation of large-scale news from institutional investors, which can give new impetus to Bitcoin. The market is also waiting for more understanding in the field of regulation from the US authorities, and their neutral attitude to cryptocurrencies, – said Kostarev.
The expert recalled that last week it became known that an international investment company headquartered in New York, BlackRock, showed interest in cryptocurrencies, allowing possible investments in bitcoin.
“And also the Chicago-based Rothschild Investment Corporation has increased its investment in crypto gold through the Grayscale fund. According to Coindesk, the volume of funds invested in bitcoin from the investment company has increased by 24% and now amounts to about $ 1 million, “the head of Binance in Russia summed up.
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