JP Morgan: Bitcoin’s recent outperformance is driven by institutional demand
Recent outstanding performance of Bitcoin is driven by institutional demand, as stated in a research report by JPMorgan on Wednesday. The report indicates that a large amount of Bitcoin has flowed into larger wallets, indicating demand from institutional investors.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ledger Launches Solana-Themed Flex Wallet Version with $SBT Token
XRP: Cryptocurrency About to Explode? Analyst Highlights Rare Signal in RSI
Democrats accuse Trump of corruption over dinner with meme coin investors
Michigan Lawmakers Propose Four New Crypto-Related Bills to Regulate and Support Digital Assets
Michigan legislators have introduced four new bills to regulate and foster the growth of cryptocurrency and blockchain technology within the state.
Trending news
MoreCrypto prices
More
