Is there a bubble around Bitcoin?

While the integration of crypto into mainstream finance has genuinely boosted interest towards Bitcoin, there is a possibility that a so-called bubble is forming. In other words, the price is being ‘blown up’ by investor interest without fundamentals supporting it.

According to Northeastern University’s crypto expert and professor of international business and strategy Ravi Sarathy, big institutional investors, including MicroStrategy, have been accumulating large pools of this asset, and it is possible that they are propping up the price of the cryptocurrency. MicroStrategy holds a Bitcoin stash worth approximately $65bn.