Bitcoin Institutional Adoption Strengthens Amid Price Volatility
- Bitcoin’s price dipped below $90,000 but rebounded to over $96,000.
- Intesa Sanpaolo purchased 11 BTC for $1 million.
- Corporate Treasury purchases reached 5,774 BTC in early January.
- BTC funding rate is at 0.01% on Binance.
Despite a dip below $90,000, Bitcoin’s price rebounded to over $96,000. Intesa Sanpaolo’s purchase of 11 BTC for $1 million highlights growing institutional interest. Corporate Treasury acquisitions have already surpassed new supply with 5,774 BTC bought in early January.
