Bitcoin Price Prediction: Nasdaq's Tokenization Wave and Whale Investing Push BTC to $130,000

At the time of writing, Bitcoin (BTC) was trading at $112,341, up 0.98% on the day, with $40.5 billion in trading volume, a market capitalization of $2.24 trillion, and a circulating supply of 19.92 million. Beyond price performance, Bitcoin's market context is being reshaped by three powerful forces: Nasdaq's push for tokenized stocks, continued institutional accumulation, and a tightening technical pattern signaling an impending breakout.

Nasdaq has formally submitted a proposal to the U.S. Securities and Exchange Commission (SEC) to allow trading of tokenized U.S. stocks, a milestone in the convergence of blockchain and traditional markets. The proposal would allow investors to choose between trading traditional stocks and blockchain-backed tokens, which incorporate blockchain attributes during settlement.