Bitcoin

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<ul class="news-points"> 
 <li><strong>CryptoQuant noted in a tweet today that institutional investors are increasing their positions in BTC.</strong></li> 
 <li><strong>The analytics platform speculated that institutional investors have a positive long-term outlook for BTC.</strong></li> 
 <li><strong>At press time, BTC was trading at $30,649.11 after it gained 0.54% over the past 24 hours.</strong></li> 
</ul> 
<p>CryptoQuant, an on-chain analytics platform, revealed on Twitter earlier today that institutional investors, comprising hedge funds, investment firms, and cryptocurrency private funds, are increasingly bolstering their crypto portfolios with <a href="https://coinedition.com/bitcoin-btc-price-prediction/">Bitcoin (BTC)</a>. This upward trend in fund holdings underscores the institutional players’ belief in Bitcoin’s long-term value.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a> Institutional Fund Accumulation Trends<br>by <a href="https://twitter.com/OnchainTarek?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@OnchainTarek</a><br><br>Thread<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/ZHe0gdoTxa" target="_blank" rel="nofollow">pic.twitter.com/ZHe0gdoTxa</a></p>— CryptoQuant.com (@cryptoquant_com) <a href="https://twitter.com/cryptoquant_com/status/1675678718659006464?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">July 3, 2023</a>
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<p>The analytics platform believes that institutional entities are adopting a more patient approach, actively seeking out long-term investment opportunities in BTC. This is in contrast to short-term investors who closely monitor price fluctuations.</p> 
<p>The crypto market leader was one of the many cryptocurrencies that saw its price climb heading into the new w…</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/institutional-investors-are-stocking-up-on-btc-analysis-platform/">Institutional Investors Are Stocking up on BTC: Analysis Platform</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Institutional Investors Are Stocking up on BTC: Analysis Platform

Coin Edition

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