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CoinGape 2024-02-17 04:41:59

Bitcoin (BTC) Retail Participation Drops But Institutions Contribute to Supply Squeeze

The Bitcoin (BTC) price has given double-digit gains over the past week amid massive inflows registered by the spot Bitcoin ETFs. On Friday, BTC surged all the way to $53,000 and has been now settling down somewhere to $52,000. However, it seems that this week’s BTC price rally is largely due to institutions scooping up The post Bitcoin (BTC) Retail Participation Drops But Institutions Contribute to Supply Squeeze appeared first on CoinGape .

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