Billionaires investing in Bitcoin, but price remains stagnant due to profit-taking & uncertainty
From Nasdaq
July 3, 2025 4:45 am:
Billionaires are increasingly investing in Bitcoin, with Michael Saylor leading the charge. Despite this, Bitcoin’s price remains below $110,000, far from its record high. The market seems to be in equilibrium, as long-term investors are selling to lock in profits, counteracting new demand from billionaires.
The uncertainty surrounding Trump’s trade tariffs and calls for lower interest rates are keeping the market in a holding pattern. The proposed Clarity Act could provide a boost to Bitcoin by establishing a regulatory framework for digital assets, making it easier for institutional investors to enter the market by the end of the summer.
Some investors are turning to financial derivatives for leverage instead of spot Bitcoin, which may be contributing to the price stagnation. While the market may trade sideways until new catalysts emerge, Bitcoin could see significant growth in the early fall if the legislation passes and institutional demand increases.
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Author Dominic Basulto holds positions in Bitcoin, and The Motley Fool recommends and holds positions in Bitcoin. The opinions expressed are solely those of the author and do not necessarily reflect those of Nasdaq, Inc.
Read more at Nasdaq.: If Billionaires Are Buying Bitcoin Hand Over Fist, Why Isn’t the Price of Bitcoin Soaring?