Experts say institutions drove Bitcoin’s rise to $19K and alt season is coming By Cointelegraph


Experts say institutions drove Bitcoin’s rise to $19K and alt season is coming

Analysts are pointing to demand from financial institutions and publicly listed companies as the primary forces behind Bitcoin’s (BTC) sudden retest of its all-time highs.

“The primary reason for the steady grind up in Bitcon has been the increased interest and aggressive buying activity from institutions,” said Nick Cote of gamified trading platform Hxro Labs. “A lot of investors are going through Grayscale.”