Bitcoin has declined o the $37,000 price range signaling what might be the beginning of another stretched-out bear market. The trend keeps pointing towards further downside as investors become warier of the market. However, this has not been much deterrent for institutional money flowing into the market as it has continued to pick up. This week is no different as these big players once again show support for the cryptocurrency.
Bitcoin Inflows Surpass $100 Million
Following the December crash, sentiment from institutional investors had turned negative, causing them to withdraw from the market. This led to a reversal of the inflows trend that had been the order of the day just a few weeks prior. However, after weeks of outflows, sentiment has now turned in favor of bitcoin as the same …
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