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Bitcoin 'Bullish Sentiment' Is Back Among Institutional Investors: Report
September was a sluggish month for Bitcoin. But lower prices set the stage for a resurgent October, during which the top crypto asset has padded its value by over 30%. Institutional investors—the businesses that pool other peoples' money to make trades—are noticing, according to a new report from crypto-focused Arcane Research. And their re-entrance into the market may even be pushing the asset's price upward. After Bitcoin pushed through two major price resistance levels to start October, the amount of money in front-month Bitcoin options contracts—meaning they expire this month at the earliest—reached ... (full story)