Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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BRN analyst: Bitcoin is undervalued, new demand and positive market momentum may push BTC to a new high

2025-03-03 11:43

Odaily News BRN analyst Valentin Fournier said: "After two weeks of large outflows, Bitcoin ETFs recorded $94 million in inflows last Friday. This shift shows that even before Trump announced the news of the crypto strategic reserve, investors believed that Bitcoin was undervalued and began to re-enter the market. The combination of new demand and positive momentum is expected to drive Bitcoin to new highs, especially when the presidential working group takes concrete measures to implement the crypto reserve plan." (TheBlock)