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Published 3 years ago

Big buyers hit pause button as bitcoin surges

Summary by Newsweek

Institutional interest in Bitcoin is flagging. "At the moment, the institutional flow impulse behind the Grayscale Bitcoin Trust is not strong enough for Bitcoin to break out above $40,000," London-based JP Morgan analyst Nikolaos Panigirtzoglou said.

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Big buyers hit pause button as bitcoin surges

Institutional interest in Bitcoin is flagging. "At the moment, the institutional flow impulse behind the Grayscale Bitcoin Trust is not strong enough for Bitcoin to break out above $40,000," London-based JP Morgan analyst Nikolaos Panigirtzoglou said.

3 years ago·United States

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