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CrossTower：Sustained Institutional Buying Will Hold Bitcoin Above $50000

Amy Liu

Summary: According to the report from institutional crypto trading platform CrossTower, large investors will not let Bitcoin (BTC) fall back below $50,000. Martin Gaspar, research analyst at CrossTower, said“We believe the record amounts of addresses holding 1,000+ BTC in recent weeks is proof of rising institutional interest and likely reflects the many headlines in January and ...

According to the report from institutional crypto trading platform CrossTower, large investors will not let Bitcoin (BTC) fall back below $50,000.

Martin Gaspar, research analyst at CrossTower, said“We believe the record amounts of addresses holding 1,000+ BTC in recent weeks is proof of rising institutional interest and likely reflects the many headlines in January and February of institutional investors becoming active in Bitcoin.” 

By Amy Liu

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Link: CrossTower：Sustained Institutional Buying Will Hold Bitcoin Above $50000   [Copy]
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