Capriole founder says institutional capital inflows are key to bitcoin's rise
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On January 14, Charles Edwards, founder of the bitcoin and digital asset quantitative fund Capriole, stated that retail investors are not important during the recovery of the crypto market. He pointed out that institutional capital inflows are the key driver behind the rise in bitcoin prices, and emphasized that bitcoin needs to eliminate obvious major risks to maximize institutional allocation willingness. Currently, quantum computing is the core headwind risk facing bitcoin.
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