
Bitcoin's rally toward $100,000 faltered as it neared the milestone, with concerns growing over the sustainability of its rise, especially after President-elect Donald Trump's support for crypto. The cryptocurrency retreated from the $100,000 mark in what has been described as its worst spell since Trump's win. This retreat comes amid warnings that investor optimism stemming from Trump's support for crypto was overdone. Meanwhile, Pantera Capital, a prominent crypto investment firm, announced that its Bitcoin Fund recently achieved a 1,000x milestone with a lifetime return of 131,165%, net of fees and expenses. Pantera predicts Bitcoin will reach $740,000 by April 2028.


Why Pantera Capital says Bitcoin will hit $740,000 in 2028: ‘Squeezing up like a watermelon seed’ https://t.co/g0V1F3Khia
Does $BTC see 100k this year?
Pantera announced that its Bitcoin Fund recently achieved an insane milestone – 1,000x. The Fund’s lifetime return is now 131,165% – net of fees and expenses. In 2013-15, Pantera bought 2% of the world’s bitcoins. It predicts that Bitcoin will reach $740,000 in April 2028.…