Bitcoin Pumps Whilst Google Interest Declines: Evidence of Institutions Buying?5.2

Bitcoin is back above $9,300 again after the price pumped from just over $9,000 at the start of today to its current level of around $9,325 at the time of writing. Interestingly, despite today’s price surge, interest in the number one crypto asset by market capitalisation appears to be down on popular search engine Google.

This could be evidence that it is not retail investors driving the current price action. One JP Morgan analyst believes that recent gains have indeed been down to institutions buying up Bitcoin.

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