
Cryptocurrencies
BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, ADA – A Cointelegraph Overview
While retail traders are concerned about whether Bitcoin (BTC) will surpass the $10,000 mark, institutional investors are quietly increasing their positions. Major digital asset management firm Grayscale reported that its assets under management grew by over 80%, rising from $2.1 billion to $3.8 billion over the past year.
This trend indicates that institutional investment in cryptocurrencies is steadily growing, with a significant portion directed towards Bitcoin, the leading cryptocurrency. Typically, institutional investors adopt a long-term perspective and remain unfazed by short-term market fluctuations.