Bitcoin Bull Run? Institutional Investors Look Like They Are Still on the Sidelines

Though the price of bitcoin (BTC) is up 23% in a week, institutional investors are "just watching" for now, found the blockchain analytics firm CryptoQuant. After two months of its price hovering around $16,000-$17,000, bitcoin is seeing green fields again. It went up 2% over the past 24 hours and more than 23% over the past 7 days, currently trading at $21,188 (at 9:20 UTC). Overall, it has appreciated by 26% over the past month. ... Read More: Bitcoin Bull Run? Institutional Investors Look Like They Are Still on the Sidelines