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cryptonews
2023-01-17 10:30:00

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

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

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