Analyst: This round of bull market is led by institutional funds, which is different from the breakthrough nature of the bull market in 2021

ChainCatcher news, cryptocurrency analyst Rajat Soni posted on social media that Bitcoin's recent breakthrough of $60,000 is different from before. The price has consolidated above $50,000 for more than six months, and the last time the price exceeded $50,000 was in 2021. However, at that time, most buyers were retail investors, while this time it is driven by institutional investors.