Experts predict further growth of Bitcoin when institutional adoption increases

Bitcoin, the most popular cryptocurrency worldwide, has recorded incredible growth in recent years, with the value increasing to new heights. In 2021 alone, the digital currency reached a record high of over 60,000 US dollars, which attracted attention both the individual and institutional investors.

Experts assume that this trend will continue because more and more institutions are taking Bitcoin as investment assistance. In fact, Fidelity Investments, recently invested by Fidelity Investments, showed that almost 80% of institutional investors have already invested in digital assets or consider this in the future.

One of the main reasons for this increased interest in Bitcoin is the potential to act against inflation. Since the central banks all over the world promoted the print money at unprecedented prices during the Covid 19 pandemic, many investors turn as a value memory that is not subject to the manipulation of the government.

In addition, the increasing acceptance of Bitcoin as a form of payment by large companies such as Tesla, PayPal and Square has contributed to legitimizing the cryptocurrency in the eyes of institutional investors. This increased application for Bitcoin is expected to increase demand in the coming years and increase its value even higher.

The institutional introduction of Bitcoin is also driven by the increasing number of financial products that are introduced in the cryptocurrency area. The recent approval of Bitcoin Futures Exchange Fund (ETFS) in Canada and the United States has made it easier to facilitate institutional investors without actually keeping the digital currency.

In addition, the growing interest in decentralized financing platforms (DEFI), with which users can borrow, borrow and act digital assets, without the need for a traditional financial intermediary, for the increasing introduction of Bitcoin by institutional investors.

Overall, experts believe that the continued growth of Bitcoin is inevitable as an investment assistance, since more and more institutions recognize its potential than value storage and security against inflation. With the introduction of Bitcoin through large companies and the introduction of new financial products in the cryptocurrency sector, the future looks good for the most popular digital currency in the world.