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XLM $0.2157 +0.55%
ZEC $1,329.67 +1.35%
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AMZN $252.42 +0.22%
GOOGL $343.97 +0.08%
MSFT $518.13 +0.05%
META $729.99 +0.34%
NVDA $234.66 +0.17%
TSLA $371.44 +0.13%
SNDK $1,716.01 -0.14%
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SPCX $159.00 +0.03%
MU $1,066.58 -0.26%
AMD $633.40 +0.04%

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

2024-09-14 10:53:31

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.

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