Bitcoin Price Prediction: Nasdaq's $50 Million Bet on Gemini Sends Waves to Global Crypto Markets

Bitcoin (BTC) was priced at $111,492 yesterday, with 24-hour trading volume reaching $49.8 billion, a 0.6% drop over the past day. Despite the short-term price decline, institutional and regulatory news are laying the foundation for a larger BTC rally. Nasdaq's $50 million investment in Gemini's upcoming IPO, Ripple and BBVA's European custody deal, and Vietnam's launch of a five-year crypto pilot program highlight the accelerating adoption of crypto assets on Wall Street and in global markets.