According to analysts, the main danger of global markets now is rapidly rising inflation, which leads to the depreciation of investments. That is why the institutionals are betting on Bitcoin. Nevertheless, the cryptocurrency has a limited supply at the level of 21 million coins, which cannot be increased if governments wish or problems arise in the global economy. Accordingly, with the ever-growing demand, the BTC rate is quite justifiably going up. "New investor concerns about rising inflation have again made Bitcoin a popular means of protection against it. Institutional investors are starting to buy cryptocurrency, considering it an even better asset than gold in this situation." That is, an expert from JPMorgan believes that the current run of the Bitcoin price is due to large investors. The latter want to protect their funds from depreciation, so they are trying to find a more profitable option for their investment. And this tool in this case was BTC. #CryptoTrading
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