If just 1% of global investment funds were allocated to Bitcoin, its price could soar to $428,000, according to hedge fund manager James Lavish. As Bitcoin's reputation as a major asset class grows, and with increasing institutional interest, the potential for substantial price rises looms large. Explore the dynamics behind these predictions and the future of Bitcoin investment. The Growth of Bitcoin as a Major Asset Class On July 30, 2024, James Lavish, the fund manager of the "Bitcoin Opportunity Fund," stated that if 1% of global investment funds were allocated to Bitcoin, its price could rise to $428,000. Over ...
