On January 14th, Charles Edwards, founder of Bitcoin and digital asset quant funds Capriole, stated, “Retail investors are not important in the recovery of the crypto market. Take gold as an example, its market size is more than 10 times that of Bitcoin. What we truly need is the inflow of institutional funds, which are the ones driving Bitcoin prices higher. If we really want Bitcoin to achieve a genuine rise, we must eliminate those obvious and significant risks to maximize institutional allocation willingness. For Bitcoin, the only and most core headwind risk at the moment is quantum computing.”
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Analysis: Institutional capital inflow is the key driver of Bitcoin's rise; retail investors are not important.
On January 14th, Charles Edwards, founder of Bitcoin and digital asset quant funds Capriole, stated, “Retail investors are not important in the recovery of the crypto market. Take gold as an example, its market size is more than 10 times that of Bitcoin. What we truly need is the inflow of institutional funds, which are the ones driving Bitcoin prices higher. If we really want Bitcoin to achieve a genuine rise, we must eliminate those obvious and significant risks to maximize institutional allocation willingness. For Bitcoin, the only and most core headwind risk at the moment is quantum computing.”