Climbing institutional activity and a retail slowdown
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A resting week
After BTC’s massive 14% gain last week, the market took a healthy hiatus this week. BTC has been holding firmly above $30k, apart from an intraday push lower on Friday after the Wall Street Journal revealed that they viewed the recent ETF filings as not sufficiently clear and comprehensive, with the SEC seeking complete information on the bitcoin spot exchange involved in the surveillance sharing agreement. This initially caused the market to push lower. Still, shortly after that, mos
The resurgence of the U.S. ETF race represents a monumental change to bitcoin, with all ingredients in place for a spicy market in the coming nine months in favor of more aggressive positioning in BTC.lg...more
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