$BTC
Don't be misled!
Bitcoin has surged over 5%,
it has nothing to do with Venezuela!
Recently, Bitcoin rose by 5%, and many on Wall Street attributed the credit to the Venezuela incident—claiming that they released oil reserves, causing oil prices to drop, inflation to decrease, and interest rate cut expectations to rise, which led to the rise in Bitcoin.
But Ryan Rasmussen, the research director at Bitwise, directly contradicts this: this logic is completely wrong! Whether in the short term or looking towards the end of 2026, even if Maduro is arrested, the market's probability of interest rate cuts hasn't changed much. The real drivers behind Bitcoin's surge of over 5% are these two hardcore factors:
First, institutions are frantically entering the market to buy. Since the approval of the Bitcoin spot ETF in 2024, institutional funds have rushed into the crypto market as if a dam has burst, and this trend is accelerating. Giants like Morgan Stanley, Wells Fargo, and Bank of America Merrill Lynch have started to include Bitcoin in their asset allocation lists. Just on January 2nd alone, the Bitcoin ETF saw a net inflow of 500 million dollars, and this purchasing power is no joke.
Second, the regulatory environment has completely shifted to a friendlier stance. After the 2024 election, pro-crypto regulatory policies are gradually being implemented, and the entire industry can finally enjoy the benefits of these policies. Now, not only are Wall Street wealth management institutions involved, but even university endowment funds, pensions, and sovereign wealth funds—those 'big money bags'—are starting to seriously and systematically allocate to Bitcoin.
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