Analyst: This Bull Market Is Driven by Institutional Funds, Unlike the 2021 Bull Market Breakthrough

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September 14, 2024
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ChainCatcher reported that cryptocurrency analyst Rajat Soni posted on social media that this time Bitcoin breaking $60,000 is different from before. The price has been consolidating above $50,000 for over six months, while the last time it exceeded $50,000 was in 2021. However, back then, most buyers were retail investors. This time, it is driven by institutional investors.

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