Bitcoin Exceeds 51 Thousand Dollars with Demand from Institutional Investors

Bitcoin (BTC) price exceeded the $ 51 thousand level at noon today, increasing its daily gain above 3.6%.

Bitcoin, which fell below 49 thousand dollars for a short time yesterday following the inflation data from the USA, started to attack again today. 51 thousand dollars passed.

Before the Bitcoin price started to rise, the activity in cryptocurrency exchanges attracted attention. According to data from blockchain analysis platform CryptoQuant, Bitcoin has emerged in amounts not seen since the beginning of the year.

An analyst, especially institutional investors are widely He said that a large amount of Bitcoin was released from the Coinbase Advanced platform he used. Analyst, “There is a huge demand. Especially today.” he said and commented:

“Remember, they want your Bitcoins. Don’t get caught up in FOMO and keep your fingers crossed.”

source site-9