Bitcoin Price Can Rocket Higher Without Institutions: Venture Capitalist

“The institutional herd is coming” is a phrase uttered by countless Bitcoin bulls ad nauseam. They believe that the arrival of this subset of investors will be a catalyst that drives cryptocurrencies to fresh all-time highs and catapult the technology into the mainstream.
However, an industry venture capitalist has argued that the institutional narrative is flawed, in that the Bitcoin price doesn’t need, say, Wall Street or its Asian equivalent to succeed and grow.
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