Summary
- It was reported that the demand for institutional investors in Bitcoin is increasing.
- An analysis has emerged that institutions holding more than 1,000 Bitcoins have increased by 4.6% in the past two months.
- Institutional investors stated that they invest considering the Bitcoin price five years from now.
There is an analysis that the demand for Bitcoin (BTC) from institutional investors is increasing.
On the 7th (local time), virtual asset analyst Ali Martinez stated on X, "The number of institutional investors buying Bitcoin is increasing," and "In the past two months, institutions holding more than 1,000 Bitcoins have increased by 76 (4.6%)." He added, "Institutional investors do not care about the current Bitcoin price. They are considering the price five years from now."
As of 3:25 PM, Bitcoin is trading at $76,018 on the Binance USDT market, down 8.86% from 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![[Market] Bitcoin breaks below $68,000 as losses deepen](https://media.bloomingbit.io/PROD/news/3a08fe32-6a33-4a62-bb89-4afb5c5399ca.webp?w=250)
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