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JP Morgan: Bitcoin’s recent outperformance is driven by institutional demand

JP Morgan: Bitcoin’s recent outperformance is driven by institutional demand

CointimeCointime2023/10/26 10:30
By:Cointime

Recent outstanding performance of Bitcoin is driven by institutional demand, as stated in a research report by JPMorgan on Wednesday. The report indicates that a large amount of Bitcoin has flowed into larger wallets, indicating demand from institutional investors.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Ethereum
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Tether USDt
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