Analyst: Institutions Are Behind Bitcoin’s Recent Bullishness; Will Individuals Enter Next?11.8

Bitcoin and the aggregated crypto markets have been in a firm uptrend for the past several months and BTC has put a significant amount of distance between its current prices and its year-to-date lows of well below $4,000.

Analysts now agree that Bitcoin’s recent bullishness has not been driven by individual investors and has rather been the result of institutional investors flooding into the markets through newly established gateways, like the one offered by Fidelity Digital Assets.

Original source

Add comment

Please Sign in to be able to leave comments.