Growing institutional presence while offshore shorts bleed
Bitcoin remains strong and has seen an 8% upside this week after a strong push after U.S. market hours on Friday. Institutional traders have returned to the market as CME's market share grows while offshore shorts bleed.
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Bitcoin remains strong and has seen an 8% upside this week after a strong push after U.S. market hours on Friday. This is the second consecutive late Friday push in BTC, and these bursts of strength after the closing bell in traditional markets are highly unusual.
