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What Do Bitcoin Institutional Flows Tell Us?

From tickmill.com

Of all the market moves on the back of the US election result earlier this week, the rally in Bitcoin is receiving the most attention. Crypto prices were seen rallying across October in line with a shift in voting sentiment which pointed to rising odds of Trump winning the election. This dynamic was premised on the view that a Trump presidency will herald a new golden era for crypto via an easier regulatory environment, greater access for institutional capital and a wider uptake in the mainstream US financial system, including the prospect of a US Strategic Bitcoin Reserve. On the back of Trump winning, and with news ... (full story)

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  • Category: Fundamental Analysis