Institutions: Bitcoin's recent rally could continue
2025-07-15 13:29:09
Hina Joshi, head of digital assets at TP ICAP, said there could be further upside to bitcoin's recent rally. She pointed out that the Financial Institution Group generally expects the Federal Reserve to resume rate cuts later this year, which will benefit risk assets including bitcoin. According to LSEG data, the market has now factored in expectations for nearly two rate cuts this year. The growth of crypto reserves, the growing number of bitcoin-based corporate strategies, and the gradual adoption of sovereign states could all further fuel bitcoin's rise.
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