How Bitcoin Institutional Investment Trends Are Shaping the Future of Finance

Quick Summary:

The flagship coin has experienced a significant resistance range between $69k and $72k in the past seven months, despite the notable positive fundamentals.

A similar bullish narrative has been issued by popular Bitcoin analyst alias PlanB.

The US spot Bitcoin ETFs have accumulated BTCs worth over $60 billion in the last few months.

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Article Details

Author / Journalist: Nidhi Kolhapur

Category: Crypto

Markets: United States

Topics: News Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-25 @ 13:56:08 (6 days ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 340 words

Reading Time: 2 minutes read

Sentences: 24 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23240575

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 14 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

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