Cryptocurrency Reaching$ 100K Is Start of &#039, Massive Wave&#039, of Institutional Attention: Samson Mow

Currency’s rise past$ 100, 000 does had felt like the pinnacle of a long-promised milestone, but according to industry veterans, what we’re witnessing is the beginning of true administrative adoption—a trend that could ultimately change how global capital markets work.

According to Samson Mow, CEO of Jan3, which aims to accede to Bitcoin implementation, “previous Bitcoin bulls runs were typically muffled because markets needed to ship and were backlogged for weeks.” ” But with ETFs, now there’s no challenge to TradFi cash flowing straight into Bitcoin“.

Mow acknowledged that the” torrent of money” hasn’t “poured in” really yet for Cryptocurrency, with institutional investors like sovereign wealth funds basically “dipping their feet” in the still muddy waterways of crypto and only investing” a particle of what they have,” during a speech from the Consensus 2025 seminar in Hong Kong on Wednesday.

Mow addressed Adam Back, the CEO of Blockstream, in a response to his earlier discussion about the peculiar market dynamics affecting Bitcoin.

ETF inflows are a multiple of the Bitcoin that is mined daily. According to Back, Microsoft and other companies are buying Bitcoin and other things twice daily.

That’s all setting the stage for a “massive wave of maybe 10, 20 years of bullish” price action for Bitcoin as institutions embrace it, according to Mow.

The panel discussed how roughly 1.1 million Bitcoin—worth approximately$ 110 billion at current prices —has been absorbed by buyers between September and October of 2024, even as prices climbed 50 % from$ 60, 000 to current levels.

This unprecedented supply absorption has occurred despite what Mow describes as “manufactured” trading ranges.

” If you look at the price movement, we kind of peak, and then we stay steady and chop sideways”, Mow observed. ” It’s good to say it’s consolidation, but it just looks very manufactured. There’s a very tight range in which we’re trading at. It just doesn’t look natural at all”.

Mow’s observation is a response to Back’s claim that previous structural sellers, such as bankrupted companies and miners who needed cash during the bear market, have largely cleared the market.

According to Back, “if we’re talking about last year, after the DeFi contagion and bankruptcies, there were some structural sellers who were sort of “false sellers” and miners who were restructuring or replacing fleets or going through a less profitable period,” “if we’re talking about last year, after the DeFi contagion and bankruptcies.”