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Opinion: Macro Environment and Institutional Adoption to Drive Bitcoin to $102,000
Summary: According to CF Benchmarks research director Gabe Selby, driven by institutional buying and positive macroeconomic outlook for 2026, Bitcoin price is expected to rise 15% from the current $90,000 to $102,000. Declining labor costs signal cooling inflation, prompting the Fed to further cut rates in 2026, favoring risk assets in this golden environment. Bitcoin has ...
According to CF Benchmarks research director Gabe Selby, driven by institutional buying and positive macroeconomic outlook for 2026, Bitcoin price is expected to rise 15% from the current $90,000 to $102,000. Declining labor costs signal cooling inflation, prompting the Fed to further cut rates in 2026, favoring risk assets in this golden environment.
Bitcoin has dropped nearly 30% from its historical high of $126,000 in October 2025. DefiLlama data shows investors withdrew over $400 million from Bitcoin spot ETF on Thursday. Selby noted that institutions will be the main driver of the 2026 market, with 14 spot ETFs in the US holding over $100 billion in assets, led by BlackRock's iShares Bitcoin Trust managing $67 billion. Institutions will integrate digital assets into fully delegated strategies and model authorizations in the next phase. Additionally, SEC filings show Morgan Stanley is preparing to launch a new ETF supporting cryptocurrencies like Bitcoin.
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Link: Opinion: Macro Environment and Institutional Adoption to Drive Bitcoin to $102,000 [Copy]
