From Investing.com

July 30, 2024 7:33 am:

The Bitcoin 2024 event in Nashville drew over 20,000 attendees, including former President Donald Trump, Senators, and industry leaders. Trump outlined plans to make the U.S. a “crypto capital” and “Bitcoin superpower.” RFK Jr. and Senator Lummis proposed Bitcoin accumulation strategies. Institutional allocations into Bitcoin ETFs are expected to be a catalyst for the cryptocurrency’s growth.

BlackRock highlighted Bitcoin’s low correlation to other assets and its potential as a hedge. Michael Saylor introduced price targets of $3 million, $13 million, and $49 million by 2045 for Bitcoin. H.C. Wainwright is more bullish on Bitcoin and miners post-event, citing three potential positive catalysts: the presidential election, wealth advisory platforms adopting Bitcoin ETFs, and potential Fed rate cuts.

Read more at Investing.com: Michael Saylor outlines scenarios for Bitcoin’s $49M price target By Investing.com