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Messari: 1% Allocation From Institutions Could Drive BTC to $50,000

June 24, 2020 by DIGIT
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Crypto research firm Messari has estimated that Bitcoin could trade for $50,000 each if institutions allocate a low-single-digit portfolio percentage to BTC.

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Categories Bitcoin, Hedge Funds, institutions, messari, Paul Tudor Jones
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  • bitcoinBitcoin(BTC)$87,851.00-2.42%
  • ethereumEthereum(ETH)$3,055.63-4.47%
  • tetherTether(USDT)$1.00-0.11%
  • solanaSolana(SOL)$208.93-2.89%
  • binancecoinBNB(BNB)$618.51-0.01%
  • dogecoinDogecoin(DOGE)$0.368048-4.90%
  • rippleXRP(XRP)$0.8217.16%
  • usd-coinUSDC(USDC)$1.00-0.05%
  • staked-etherLido Staked Ether(STETH)$3,051.97-4.67%
  • cardanoCardano(ADA)$0.591.70%
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  • bitcoinBitcoin(BTC)$87,851.00-2.42%
  • ethereumEthereum(ETH)$3,055.63-4.47%
  • tetherTether(USDT)$1.00-0.11%
  • solanaSolana(SOL)$208.93-2.89%
  • binancecoinBNB(BNB)$618.51-0.01%
  • dogecoinDogecoin(DOGE)$0.368048-4.90%
  • rippleXRP(XRP)$0.8217.16%
  • usd-coinUSDC(USDC)$1.00-0.05%
  • staked-etherLido Staked Ether(STETH)$3,051.97-4.67%
  • cardanoCardano(ADA)$0.591.70%