Bitcoin Price Could Soar Past $140K As Institutions Seek Safe Havens Amidst Economic Uncertainty

With macroeconomic volatility prompting institutions to reassess their investment strategies, Bitcoin is attracting considerable attention. Tracy Jin, COO of the MEXC exchange, believes increased institutional interest could propel Bitcoin’s price to $140,000. This shift stems from corporations diversifying their portfolios and increasingly seeking alternative assets like Bitcoin, as traditional safe havens such as U.S. Treasurys lose appeal. Jin highlights this trend, stating that