J.P.Morgan analysts have revealed that the bitcoin (BTC) price dip witnessed in recent weeks has succeeded in weakening institutional investors’ appetite. The analysts note that there has been a considerable level of outflows from bitcoin funds while gold exchange-traded funds continue to see a decent level of inflows, according to reports on June 1, 2021.
Source and More information: Institutional Investors Reconsider Gold Amidst Bitcoin Price Crash
Author: BTCManager.com
Leave a Reply