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The CEO of the Swiss bank SEBA Guido Buehler said that the value of Bitcoin (BTC) could increase to $ 75 thousand in 2022, as more institutional investors began to pay attention to the first cryptocurrency. The banker announced this on January 12 during the Crypto Finance conference in the Swiss city of St. Moritz.
According to Buhler, the bank’s internal valuation models indicate that bitcoin will trade in the $ 50,000 to $ 75,000 range, gradually gaining ground throughout the year. The only question is when exactly the asset will reach the top value. The price of cryptocurrency, according to the banker, will be raised by the inflow of institutional money.
The financier noted that SEBA clients are also showing interest in investing in the cryptocurrency market. Therefore, the bank studied in detail the technology that supports digital currencies, and received permission from regulators to launch relevant products. Buhler is confident that the virtual assets industry will soon redistribute financial flows.
The rise in the BTC rate was also predicted by American venture capitalist Bill Tai, who also attended the event in Switzerland. He said that he could not name exactly when Bitcoin will rise in price again, but he is confident that it will happen.
At 15:44 (Moscow time) on January 12, Bitcon was worth $ 43,148. This is 2.95% higher than the day before. Trading volume in 24 hours amounted to $ 26.94 billion (-21.12%). Market capitalization – $ 816.66 billion. At the moment, 18.96 million coins have been issued from the planned issue of 21 million.
Earlier, the Swiss bank announced the issue of the gold-backed token Gold Token (ERC-20 standard). In addition, the financial institution launched a profitable farming program, allowing clients to earn money with Polkadot (DOT), Tezos (XTZ) and Cardano (ADA).
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