Bitcoin’s Dip Becomes Institutional “Buy Signal” as ETFs Continue Inflows
Bitcoin ($BTC) demonstrated its strong appeal to institutional investors this week as its price briefly dipped below $116,000 on Tuesday, only to be met with a significant rush of large-volume buying. Data from on-chain analytics firm Glassnode reveals a changing dynamic in how institutions react to sudden Bitcoin price movements. While BTC/USD retraced some of … Read more