The rapid rise of cryptocurrency has not only attracted retail and individual investors, it has, in fact, drawn the attention of several institutional investors who are keenly eyeing the booming sector.
Also, we cannot ignore the fact that governments around the world are looking for various ways to regulate the cryptocurrency market, leading to negative speculations and fears of crypto banning spilling all over the market.
Even though BTC is trying to find its way back into the market and regain its lost position, various factors, including investor speculation are hindering the crypto from regaining its lost glory.
It is hard to determine if all of these are institutional investors or not, but it is quite clear that investments are increasing in Bitcoin, with chances of its market value reigning the market again, by the end of 2022.
Several factors like the importance of decentralized currencies like Bitcoin in the Ukraine-Russia crisis, and the executive order on cryptocurrencies by the Biden government have raised the market value of all digital assets including Bitcoin.