TechFlow news, December 9 — According to crypto.news, citing Russian news agency TASS, Russian investors expect the peak of this market cycle to reach $160,000 rather than $200,000. Analysts believe Bitcoin's recent rally is primarily driven by expectations of Federal Reserve rate cuts, increased global liquidity, and institutional investor participation.
MicroStrategy has added 15,400 Bitcoin at an average price of $95,976 in early December, bringing its total holdings to approximately 402,100 BTC, valued at nearly $40 billion. Meanwhile, tech giants such as Amazon and Microsoft are also considering adding Bitcoin to their corporate treasuries, with Amazon planning to make a decision on the allocation of its $88 billion cash reserves before its annual shareholder meeting in April 2025.
