Bitcoin has jumped above the $ 20,000 barrier, so you will have crossed that number once The first since its launch.
quoted from Al Arabiya, and according to an analysis of strategists at investment bank JP Morgan, A $ 100 million Bitcoin purchase by MassMutual, one of America's largest insurance companies, shows that the demand for cryptocurrency will increase.
Bitcoin is now expanding from family offices and wealthy investors to larger investors such as insurance companies and funds Retirement, but insurance companies and pension funds are unlikely to invest large sums in Bitcoin, but any small shift towards cryptocurrencies may be significant, according to a note to investors issued on December 11th.
> and added that if pension funds and insurance companies are allocated in the United States and the Eurozone And the United Kingdom and Japan only 1% of their Bitcoin assets, the demand for the digital currency will grow by an additional $ 600 billion, according to the calculations of the strategists. This is nearly twice the Bitcoin's market cap, which is $ 356 billion, according to CoinMarketCap data.
