Institutional Bitcoin Buying Is A Positive Sign, Suggests Matrixport

Recent data from Matrixport, a digital asset financial services platform, confirm that institutional investors have not abandoned crypto, especially Bitcoin. According to data, institutional investors now account for 85% of Bitcoin purchasing. 

Matrixport’s head of research and strategy, Markus Thielen, said it shows that institutional investors are still very much interested in crypto and is also a sign that the bull market is near.

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