- Institutional interest in Bitcoin is rising as volatility decreases, according to Michael Saylor.
- Saylor describes the decline in market volatility as a natural growth phase that may reduce enthusiasm for some retail investors.
- Bitcoin’s price has stabilized at around $115,760 despite reaching a record high of $124,100 in August.
- Market opinions are divided on Bitcoin’s price path for the rest of the year, with some projecting significant highs and others predicting large corrections.
- Publicly traded companies currently hold approximately $117.91 billion in Bitcoin.
Michael Saylor, executive chairman of MicroStrategy, said on Friday that declining volatility in Bitcoin’s price has made the asset more attractive to major institutional investors. He spoke about these changes during an interview on the Coin Stories podcast published to YouTube.
In the interview, Saylor explained that if Bitcoin becomes less volatile, some of the excitement that draws retail traders could fade. He called this a “conundrum,” saying, “if the volatility decreases, it is going to be boring for a while, and because it’s boring for a while, people’s adrenaline rush is going to drop.” According to Saylor, lower volatility signals Bitcoin is maturing as an asset.
Bitcoin’s price recently stalled after hitting an all-time high of $124,100 on August 14. As of publication, it trades at about $115,760, similar to levels seen a month prior, according to CoinMarketCap. The asset has still gained 81.25% over the last 12 months.
Analyst opinions about Bitcoin’s future price vary widely. Arthur Hayes, co-founder of Bitmex, predicts a rise to $250,000 by year-end. Others expect prices near $150,000, while analyst PlanC believes the peak will not come this year. Another crypto analyst, Benjamin Cowen, stated that Bitcoin could see a large drawdown—up to 70%—from its eventual high.
Saylor described the current phase as a “digital Gold rush” running from 2025 to 2035. He expects a variety of new products and business models to emerge, resulting in both mistakes and fortunes.
As of now, publicly listed treasury companies hold about $117.91 billion in Bitcoin, according to BitcoinTreasuries.NET.
✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.
Previous Articles:
- ShadowLeak Attack Exposes Gmail Data via ChatGPT ‘Deep Research’ Flaw
- Crypto Market May Underestimate Aggressive Fed Rate Cut Path
- Kevin Durant Recovers Lost Bitcoin After 10 Years Locked Out
- FTX Bankruptcy Estate to Distribute $1.6B to Creditors Sept. 30
- Trump to Impose $100,000 Fee on H-1B Visas, Overhaul Process
