Analysis: Traditional financial institutions will increase their allocation to Bitcoin, and the proportion of crypto investments may rise in Q4

According to ChainCatcher, Wall Street veteran and macro analyst Jordi Visser stated in an interview with digital asset investor Anthony Pompliano that from now until the end of this year, the allocation of bitcoin in traditional finance will increase. He expects that the proportion of institutional investment in cryptocurrencies will rise in the fourth quarter of this year in preparation for next year.

Jordi Visser also expressed optimism about the development of Ethereum. He pointed out that the current price of ETH is consolidating between $4,000 and $5,000. Once Ethereum truly breaks through and achieves success, the entire ecosystem will start to operate, which means DOGE will become active, and SUI will also become active.