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Market
Which will dominate Bitcoin investment by end of 2024?
5
Resolution / Starting Odds
Retail investment increases • 33%
Institutional investment increases • 33%
Both remain balanced • 34%
Market analysis reports and investment data
Story
Bitcoin Surges Past $70,000, Analysts Predict Rise to $80,000 and New All-Time High
May 27, 2024, 04:23 PM
Bitcoin has surged past the $70,000 mark, marking a significant milestone for the cryptocurrency. This upward movement has prompted analysts to predict a swift rise to $80,000 and a potential new all-time high. Bitcoin ETFs have recorded a net inflow of $252 million, maintaining a 10-day streak. Retail activity is currently dominating the Bitcoin market, overshadowing institutional moves.
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Similar markets
Retail Investors • 50%
Institutional Investors • 50%
Public Funds • 25%
Private Equity • 25%
Hedge Funds • 25%
Venture Capital • 25%
Above $1 billion • 25%
Between $500 million and $1 billion • 25%
Between $250 million and $500 million • 25%
Below $250 million • 25%
BlackRock's IBIT • 40%
Grayscale's GBTC • 30%
Fidelity's Bitcoin ETF • 20%
Other • 10%
Ethereum gains more than Bitcoin • 25%
Ripple gains more than Bitcoin • 25%
Litecoin gains more than Bitcoin • 25%
Bitcoin outperforms all • 25%
Below 40% • 25%
40% - 50% • 25%
51% - 60% • 25%
Above 60% • 25%
BlackRock's iShares Bitcoin Trust • 33%
Fidelity's Bitcoin Trust • 33%
Other • 33%
Investors prefer IBIT • 33%
Investors prefer GBTC • 33%
Investors show no clear preference • 34%
Bitcoin outperforms all • 25%
Ethereum outperforms Bitcoin • 25%
Binance Coin outperforms Bitcoin • 25%
Other cryptocurrency outperforms Bitcoin • 25%
Outperforms • 33%
Performs similarly • 33%
Underperforms • 33%
Bitcoin outperforms stocks • 33%
Stocks outperform Bitcoin • 33%
Both perform equally • 34%
