Institutional Bitcoin buying may soon price out retail — LONGITUDE panel

Retail investors are running out of time to accumulate Bitcoin as institutional adoption accelerates, according to Sergej Kunz, co-founder of exchange aggregator 1inch. Bitcoin (BTC) is evolving into an alternative reserve currency, propelling institutional demand and potentially pricing out retail investors, Kunz said during Cointelegraph's LONGITUDE event in Dubai.  "Every retail user should be thinking about getting at least one Bitcoin — very soon they won’t be able to afford it,” Kunz said.  If the United States starts buying Bitcoin for a strategic reserve, even smaller countries may soon struggle to acquire the cryptocurrency, he added source: https://cointelegraph.com/news/institutional-bitcoin-buying-may-soon-price-out-retail?utm_source=rss_feed&utm_medium=rss%3F&utm_campaign=rss_partner_inbound