Bitcoin is experiencing a consolidation phase likened to a 'silent IPO,' as early investors transition holdings to institutional buyers. The cryptocurrency's price is currently stable between $109,000 and $111,000, with significant wallet activity indicating a shift in ownership. Analyst Jordi Visser notes this phase marks Bitcoin's maturation from a speculative asset to one favored by institutions.
Simultaneously, Bitcoin Hyper ($HYPER) is gaining attention as a promising Layer 2 solution. It aims to improve Bitcoin's transaction speed and usability while preserving its security features, potentially enhancing Bitcoin's overall functionality.
Bitcoin Enters 'Silent IPO' Phase Amid Institutional Shift
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