Investor Dan Tapiero launched a 10T fund in 2019, which invests in cryptocurrency companies with a capitalization of more than $ 500 million. During this time, the fund has invested more than $ 650 million. Such investments are less profitable than investments at an early stage of the company's development or the purchase of promising tokens. 

Rick Rieder, a top manager at the large investment company Blackrock, has suggested that Bitcoin will grow strongly in the near future, despite the recent drop in the cryptocurrency market. Rick Rieder was featured on CNBC's Squawk Box this week. 

According to a study by Save the Student, the number of American students investing in cryptocurrencies has tripled over the past year. If last year a similar survey showed that only 2% of students in the United States bought cryptocurrencies, now, according to the study, this figure has increased to 6%. The reason for this is tuition fees, which are a very important issue for American students. 

Former Goldman Sachs executive Raoul Pal said that for him the $ 20,000 ETH price "looks quite reasonable." 

Despite the consolidation of Bitcoin in recent weeks, Celsius CEO Alex Mashinsky is still confident that the price of BTC will reach $ 140,000 or even $ 160,000 by the end of the year. In an interview with Yahoo Finance, Alex Mashinsky stated that the main purpose of Bitcoin is to store wealth. 

Man Group hedge fund CEO Luke Ellis likened cryptocurrencies to tulip rush. At the same time, the fund is interested in trading cryptocurrencies due to their high volatility. In his interview, Ellis described cryptocurrencies as speculative trading instruments with a high level of risk. 

Former US Treasury Secretary Stephen Mnuchin has changed his hostility towards Bitcoin to a more loyal one. However, he himself is not going to invest in cryptocurrencies. The administration of former US President Donald Trump was known for its disdain for cryptocurrencies, and Trump called Bitcoin a "scam." 

Bitcoin price has been holding in a narrow corridor between $ 30,000 and $ 35,000 for several weeks. Glassnode analysts have named the factors that can push the Bitcoin rate up. After recent fluctuations in the cryptocurrency market associated with bans by the Chinese authorities on mining and trading cryptocurrencies, the Bitcoin rate has stabilized and is holding in a narrow range. 

Cryptocurrency analyst Willie Wu believes the market has not yet become bearish. The speedy recovery of the Bitcoin rate is hinted at by the data of the indicators of the blockchain operation. During the podcast "What Bitcoin Did," Willy Woo emphasized that he sees no signs of a classic bear market. 

CoinShares Development Director Meltem Demirors described the recent drop in Bitcoin as a normal market correction that weeds out panic-prone traders. After Bitcoin's April high attempting to cross the $ 65,000-mark, novice traders may be worried about the current decline. Demirors is convinced that after 200 days of the rise in the cryptocurrency market, its subsequent fall is quite normal, since the price of any asset cannot constantly go up.