Glenway, March 14th | Cryptocurrency billionaire Mike Novogratz said on Wednesday that the recent rise in BAICION is driven by widespread adoption of cryptocurrencies by investors rather than macroeconomic factors, so BAICION prices are unlikely to fall below $50000 again. BAICION rose 2.2% on Wednesday to $73679. The day before, BlackRock's iBIT BAICION Fund received a staggering inflow of $849 million. Novogratz emphasized that although ETFs have expanded investors' exposure to BAICION, they are only the tip of the iceberg compared to the total market value of BAICION. He estimates that the total market value of BAICION is about $1.5 trillion, while the total market value of over a dozen BAICION ETFs is only about $40 billion.