Microsoft shareholders have rejected a proposal to invest in Bitcoin, highlighting the reluctance of conventional corporations to include the cryptocurrency in their reserves. Concerns over Bitcoin's volatility, regulatory ambiguity, and the early stage of institutional adoption are cited as reasons for this hesitation. However, the overall dynamics of the cryptocurrency market suggest increasing momentum, with notable inflows into spot Bitcoin ETFs. Bitcoin's price remains strong, trading close to $100,000, and technical analysis indicates potential for a breakout in the coming weeks. Despite slow corporate adoption, the market is laying the groundwork for future expansion.



Other News from Today