Wall Street admits Bitcoin’s ‘too big to ignore’

A major Wall Street publication admitted that, given its annual return, Bitcoin should no longer be considered an “outlier” for institutional investors, but a smart investment. The Kobeissi Letter, a weekly column that normally offers macroeconomic commentary, addressed Bitcoin and declared to its 1 million followers that the largest digital currency has now become “too big to ignore,.

Too big to fail

“Too big to ignore” is, of course, a play on the better-known “too big to fail,” the synonym many market researchers gave to the major banks during the 2007-2008 economic and financial crisis. Those were considered too important to fail at the time, just as Kobeissi now admits that Bitcoin is too important to ignore.

Current situation:

1. Bitcoin is trading above $120,000 for the first time in history

2. Gold prices are surging above $3,400/oz and 3% away from a record high

3. Ethereum is set to cross above $4,000 for the first time since December 2024

4. Ripple is trading above $3.50 for…

— The Kobeissi Letter (@KobeissiLetter) July 21, 2025

“Simply put, institutional capital can no longer ignore the returns that Bitcoin is providing,” the platform run by prominent market commentator Adam Kobeissi explained. “When an asset provides a return of 90% in one year, it can be ruled an ‘outlier.’ However, when an asset provides a 90% CAGR for 13 years (Bitcoin), it can no longer be ignored.”

His comments come after Kobeissi calculated that Bitcoin has outperformed gold again this year, especially after the surge in growth in recent weeks.

At the time of writing, Bitcoin is trading for $118,600.