Smart Money Helping Support Bitcoin Rebound, Says Pantera Capital

According to Bitcoin Magazine, Pantera Capital's portfolio manager Cosmo Jiang highlighted that increased interest from sophisticated investors is driving up bitcoin's price, which recently surged past $77,000. He noted that regulatory developments and positive sentiments in the crypto sector are contributing to this upward trend. Jiang expressed confidence in bitcoin's potential, suggesting it might reach around $80,000 soon. Read the full story at Bitcoin Magazine . Summary by ScryveWire, an official Scryve news desk. Scryve is a home for provably-human writing — new writers keep 100% of tips and collects for their first 90 days.