Bitcoin
Apollo co-founder predicts Bitcoin rise to $5 million
A bold prediction from Apollo co-founder Thomas Fahrer captivated the entire crypto community when he predicted that Bitcoin could rise to an astonishing $5 million. This forecast adds to growing institutional interest, the positive price trajectory and significant market developments. Michael Saylor recently highlighted institutional interest by stating that Wall Street, the House of Representatives and now the Senate also want Bitcoin. A significant shift in Bitcoin adoption is visible among traditional financial institutions. Thomas Fahrer highlighted that the approval of the spot BTC ETF, the FASB’s fair value accounting rules for digital assets, and major financial institutions offering lending and custody services propel BTC to new heights.