Coinbase executive: Bitcoin’s rise driven by liquidity recovery and institutional demand, not geopolitics

Bitcoin’s recent price gains are attributed to recovering market liquidity and heightened institutional demand. John D’Agostino from Coinbase clarifies that geopolitical events, particularly in Venezuela, do not directly influence this rally.

According to D’Agostino, Bitcoin has increased over 11,000% in the past decade. He notes that despite some volatility, institutional adoption continues to grow, ensuring confidence in Bitcoin’s long-term value.