A recent report from NYDIG and Wintermute highlighted that Bitcoin's price in 2024 will be shaped by a new market structure that breaks from the traditional halving cycle. Institutional fund flows and the broader macroeconomic environment are critical influencers, as Bitcoin evolves toward a more stable asset class assisted by institutional products like ETFs. The report points to geopolitical tensions and potential shifts in retail investors reallocating from stocks to crypto as additional important drivers.
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[IMPORTANT] Institutional Flows and Macroeconomic Factors Drive Bitcoin’s New Market Era, Report ...
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