11
CoinCake - Crypto Currency Tracker logo CoinCake - Crypto Currency Tracker logo
cryptonews 2023-01-17 10:30:00

Bitcoin Bull Run? Institutional Investors Look Like They Are Still on the Sidelines

Though the price of bitcoin (BTC) is up 23% in a week, institutional investors are "just watching" for now, found the blockchain analytics firm CryptoQuant. After two months of its price hovering around $16,000-$17,000, bitcoin is seeing green fields again. It went up 2% over the past 24 hours and more than 23% over the past 7 days, currently trading at $21,188 (at 9:20 UTC). Overall, it has appreciated by 26% over the past month. ... Read More: Bitcoin Bull Run? Institutional Investors Look Like They Are Still on the Sidelines

N/A
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.