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Bitcoin Rally Has ‘Serious Institutional Money’ Behind It, Devere Says

News.Bitcoin.com
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Bitcoin’s renewed advance reflects stronger institutional demand, according to Devere Group CEO Nigel Green, who predicts that bulls have regained control. His outlook follows a rebound in ETF inflows, despite uneven fund demand and a U.S. legislative setback. Green Sees Institutional Demand Supporting Bitcoin Bitcoin’s recovery could gain durability from institutional allocations, according to comments […]

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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.