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Bitcoin Rally Has ‘Serious Institutional Money’ Behind It, Devere Says

Bitcoin Rally Has ‘Serious Institutional Money’ Behind It, Devere SaysWorldPing

Bitcoin’s renewed advance reflects stronger institutional demand, according to Devere Group CEO Nigel Green, who predicts that bulls have regained control. His outlook follows a rebound in ETF inflows, despite uneven fund demand and a U.S. legislative setback.

This is a short WorldPing brief. The full report was published by Bitcoin.com.

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Bitcoin Is Rallying Again—What Happens Next?

The rally cleared an eight-month ceiling on a short squeeze and falling oil prices. The next three weeks will decide if it sticks.

Brief by WorldPing · Original reporting by Decrypt