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