Key Reason Why Bitcoin Isn’t at $20K Named by Bloomberg – U.Today

Dec 8, 2025 - 18:30
Key Reason Why Bitcoin Isn’t at $20K Named by Bloomberg – U.Today
Eric Balchunas has defended “suitcoiners” against criticism for superficial event appearances, arguing that they are responsible for the most recent Bitcoin bull market.  He claims that these “suits” are the reason why Bitcoin is no longer trading at just $20,000.  The new type of crypto investors  In crypto discourse, “suitcoiners” refers to institutional investors, TradFi...

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