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Bitcoin Surges Past 106K Institutional Interest

Bitcoin Reaches $106K as Institutional Interest Expands

  • Standard Chartered Bank’s research highlights increased institutional investment in bitcoin proxies.
  • Bitcoin eyes a support level of $106,000 amid growing interest.
  • A diverse range of institutions are now purchasing bitcoin-related investments.
  • The report was published by the London-based Standard Chartered Bank on a Tuesday.

Research from Standard Chartered Bank indicates that bitcoin has attracted a wider array of institutional investors, with the cryptocurrency approaching a support level of $106,000.

Source (2.6)https://news.bitcoin.com/bitcoin-breaks-106k-as-institutional-interest-widens/?rand=52384
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