Will Gamestop purchase Bitcoin BTC price on $ 200,000?

Despite the strong institutional demand, Bitcoin (BTC) He struggled to restore the level of $ 100,000 during the past fifty days, prompting investors to question the reasons behind this drop despite the positive environment.

This is especially interesting price, given the United States Bitcoin strategic reserves The executive order issued by President Donald Trump on March 6, which allows the BTC acquisition as long as it follows “budget neutral” strategies.

Bitcoin’s failure to keep pace with gold revenues despite the flow of positive news

On March 26, Gamestop Corporation (GME), which is North America video games and the retail consumer electronics, announced plans to customize part of it Corporate reserves To bitcoin. The company, which was about to bankruptcy in 2021, has successfully benefited on historical short pressure and managed to secure $ 4.77 billion in cash and equivalent by February 2025.

Follow the United States -based US -based companies to Michael Saylor Strategy (MSTR), including the recently that Japanese Metaplanet, which is Eyck TrumpThe son of US President Donald Trump, to the newly established strategic council. Likewise, the Mara Holdings (Mara) Bitcoin’s policy was adopted by the Treasury To “keep all BTC” and increase its exposure through debt offers.

There should be a strong reason for Bitcoin investors to sell their property, especially since gold is trading of only 1.3 % less than its highest level ever, which is $ 3.057. For example, while the US administration has adopted a supportive position after Trump’s election, the infrastructure needed for Bitcoin to serve as a guarantee and integration in traditional financial systems is still largely developed.

The Bitcoin exchange (ETF) in the United States (ETF) is limited to a monetary settlement, which prevents ordinary deposits and withdrawal. Fortunately, a possible changing base, currently reviewed by the US Securities and Exchange Committee, can reduce capital profit distributions and Promote tax efficiencyAccording to Busker Consultant, head of the architect Chris J. Terry.

The organization and the integration of Bitcoin in Trafi remain a problem

Banks such as JPMorgan operate primarily as mediators or trustees of tools related to cryptocurrencies such as derivatives and investment funds circulating in Bitcoin. Cancel the SAB 121 accounting base on January 23 – a second decision imposed Strict capital requirements On digital assets – do not necessarily guarantee wider dependence.

For example, some traditional investment companies, such as Vanguard, are still preventing customers from trading or contracting contract in Spot Bitcoin EtFS, while officials such as BNY Mellon have restricted the exposure of joint investment funds for these products. In fact, there are still a large number of wealth managers and consultants who are unable to provide any investments in the cryptocurrency to their customers, even when they are included in American exchanges.

The Bitcoin Derivatives market lacks organizational clarity, as most of the stock exchanges choose to ban participants in North America and choose to register their companies in financial havens. Despite the growth of Exchangle Exchange (CME) over the years, it still represents only 23 % of the future open benefits of Bitcoin 56.4 billion dollars, while competitors benefit from fewer capital restrictions, the easiest customer on board, and less organizational monitoring of trading.

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Founding investors are still reluctant to be exposed to Bitcoin markets due to concerns about the manipulation of the market and the lack of transparency between the leading stock exchanges. The fact that Binance, Kucoin, OK and Kaken have paid great fines to the American authorities for the capabilities Violations of money laundering and Unlicensed operations Feed more negative feelings towards the sector.

Ultimately, the purchasing benefit from a few companies to pay the Bitcoin price to $ 200,000 is not enough, and additional integration with the banking sector remains inconsistent, despite the most favorable organizational conditions.

Until then, the bitcoin oud capabilities will remain limited as the perception of risks remains high, especially in the institutional investment community.

This article is intended for general information purposes and does not aim to be and should not be considered legal or investment advice. The opinions, ideas and opinions expressed here are alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.