Institutions Capitalize on Bitcoin Price Dip with Largest Purchase in a Month

Bitcoin prices witnessed significant dips lately, offering a buying opportunity for institutional investors. Recent developments include Germany’s regulatory actions and the Mt. Gox event, influencing the price drop below $55,000. On July 8th, institutional investors seized the opportunity, executing the largest acquisition in the past month, with net inflows via spot Bitcoin ETFs amounting to

Source: CoinOtag