FxTradeGroup logo FxTradeGroup logo
Cryptopolitan 2019-10-05 23:36:19

Institutional interest in Bitcoin declining, research suggest

Institutional interest in Bitcoin (BTC) has been considered one of the major price-stabilizing factors for Bitcoin, but the coin has not been performing as well as it should have been according to the bear predictions. When Bitcoin price spiked at the beginning of this year, there were speculations that it was due to the entry of institutional investors in crypto space. Regardless, cryptocurrency prices started falling almost synchronized with Bitcoin price falls around August of 2019. Reports suggest that institutional interest is starting to fade, utilizing the data which analyzed the institution’s occurrence in the cryptocurrency headlines. Institutional interest in

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