JPMorgan Says retail traders are buying more Bitcoin than institution

Btc

According to research by strategists at leading U.S investment bank, #JPMorgan Chase, retail traders are flocking to buy #Bitcoin from mainstream fintech firms. JPMorgan’s data suggests that retail investors have purchased more than 187,000 Bitcoin this quarter using PayPal and Square. Retail investors are even out-buying institutions, with JPMorgan’s analysts estimating institutions have purchased 173,000 […]

Bitcoin price indicators signal bulls bought the $43K retest

Btc Bullrun

#Bitcoin‘s (BTC) severe 26% drop from its $58,300 all-time high on Feb. 20 injected a bit of bearishness into the market, but from a technical perspective, this was purely psychological, as the digital asset held the $43,000 support with ease. This downside move caused indicators like the Crypto Fear & Greed Index to hit 38, […]