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Matrixport Draws Attention to the Increasing Interest of Institutional Investors in Bitcoin Report! Here Are the Details

The article discusses the steady rise in Bitcoin funding rates, indicating ongoing optimism among leveraged traders despite a market correction. It suggests that Bitcoin's price could drop to $89,000-$90,000 but expects this to be a key support zone that stabilizes the market. The article also mentions that Bitcoin's year-to-date gains of 119% are likely to dominate conversations during Thanksgiving, solidifying its position as the best-performing asset of the year. The increased participation of traditional finance investors, particularly through ETFs, is mentioned as a notable feature of this rally. Matrixport predicts an increase in institutional capital inflows through 2025, which could further strengthen Bitcoin's bullish trajectory and long-term growth outlook. Overall, the article emphasizes Bitcoin's resilience and growing appeal as a leading investment asset.

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