Bitcoin (BTC) $100,776.87 -3.02%
Ethereum (ETH) $3,271.04 -4.64%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 155.70657 -3.64%
Cardano (ADA) $0.52 -4.62%
Chainlink (LINK) $14.43 -4.73%
Litecoin (LTC) $86.28 -2.38%
Dash (DASH) $113.86 5.61%
Helium (HNT) 2.319213 0.51%
Polygon (MATIC) 0.25693 2.45%
X-CASH (XCASH) 2.0E-6 -48.86%
Dogecoin (DOGE) $0.00 -0.08%

Cryptocurrencies: 27846

Markets: 116350

Market Cap: $3,350,465,516,360

24h Vol: $162,289,815,217

Seeking Alpha

2021-02-08 14:56:38

What Is Driving Institutional Interest In Crypto?

What Is Driving Institutional Interest In Crypto?

As fiscal and monetary stimulus expanded in 2020, bitcoin and gold moved higher, but the assets decoupled beginning in October.Institutional interest in bitcoin increased in 2020, with December Bitcoin futures volume increasing 114% from a year earlier.Many asset classes did surprisingly well in 2020, but crypto in particular stood out.

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