Despite the mighty institutional demand, Bitcoin (BTC) tried to regain USD 100,000 in the last 50 days, leading investors to question the causes of bear, despite the seemingly positive environment.

This price weakening is particularly intriguing, taking into account the American executive ordinance of the strategic Bitcoin Reserve issued by President Donald Trump on March 6, which allows BTC to take over, if they warn the strategy of “neutral budget”.

Bitcoin does not keep up with the Gold phrases despite the positive flow of the message

On March 26, Gamestop Corporation (GME), a seller of video games and consumer electronics, announced plans to allocate part of his corporate reserves on Bitcoin. The company that was on the verge of bankruptcy in 2021 successfully used the historical brief squeeze and managed to provide an impressive $ 4.77 billion in cash and equivalents until February 2025.

The growing number of American and international companies was followed by the Michael Saylor strategy textbook (MST), including the Japanese company Metaplanet, which recently appointed Eric Trump, son of US President Donald Trump, to the newly established strategic advisers. Similarly, the mining conglomerate Mara Holdings (Mara) adopted Bitcoin’s tax policy to “keep all BTC” and enhance its exposure through debt offers.

Bitcoin investors must sell their shares, especially since gold trads only 1.3% below the highest level of all time in the amount of USD 3,057. For example, while the US administration adopted a pro-digit attitude after Trump’s election, the infrastructure needed for Bitcoins served as security and integration with established financial systems remains largely undeveloped.

The Bitcoin stock market fund in the USA (ETF) is narrow to cash settlements, preventing payments and payments. Fortunately, the potential change of the principle, currently reviewed by the American Commission of Securities and Exchange, can reduce the payment of capital profits and enhance tax efficiency, according to the main consulting architect of Bitsseeker, Chris J. Terry.

The regulation and integration of Bitcoins from Tradfi remain a problem

Banks such as JPMorgan serve primarily as intermediaries or guardians for instruments related to cryptocurrencies, such as derivatives and ETF Bitcoin Spot. Realizing the accounting principle SAB 121 January 23 – SEC, which imposed strict capital requirements on digital assets – does not necessarily guarantee a broader party.

For example, some established investment companies, such as Vanguard, still prohibit customers of trade or having the Spotcoin ETF Share campaign, while administrators such as Bny Mellon reportedly narrow the exposure of investment funds to these products. In fact, a significant number of property managers and advisers are unable to offer their clients any cryptocurrency investments, even if they are listed on the US stock exchanges.

The Bitcoin derivative instrument market has no regulatory clarity, with most exchanges decide to prohibit North American participants and decide to register their companies in fiscal paradise. Despite the growth of Chicago Mercantile Exchange (CME) over the years, it still accounts for only 23% of open percentage of Futures with a value of $ 56.4 billion, while competitors benefit from fewer capital restrictions, easier implementation of customers and less regulatory supervision in the field of trade.

Related: SEC is planning 4 another round table with trade, care, tokenization, DEFI

Institutional investors hesitate to obtain exposure to Bitcoin markets due to fears related to market manipulation and lack of transparency among leading stock exchanges. The fact that Binance, Kucin, OK and Kraken paid a significant fine to the American authorities for potential violations of prevention of money laundering and unlimited operations additionally fuels negative moods towards the sector.

Ultimately, purchasing interest on a diminutive number of companies is not enough to exceed the Bitcoin price to USD 200,000, and additional integration with the banking sector remains uncertain, despite more favorable regulatory conditions.

Until then, Bitcoin growth potential will continue to be narrow, because the risk of risk remains increased, especially in the institutional investment community.

This article is used for general information purposes and should not be and should not be treated as legal or investment advice. The views, thoughts and opinions expressed here are themselves and do not necessarily reflect or represent the views and opinions of Cointelegraph.