Here's How High Bitcoin (BTC) May Soar This Weekend After Acing $70K
Bitcoin is the current market rage as the cryptocurrency managed to breach the coveted mark of $70K on Tuesday afternoon. Since then, the token has been attempting to hit another, possibly trying to cross over the $73K. At press time, BTC is sitting at $72K, with investors wondering whether the crypto can fit another price high this weekend. Also Read: Walmart: WMT Gets $90 Target Upgrade Despite One Key Concern Bitcoin Soars To New Highs Bitcoin, the king of cryptocurrencies, is trading at an all-time high of $72K. At the same time, BTC has been inviting extremely bullish value lately, with its institutional demand in custodial wallets peaking at a record pace. “#Bitcoin institutional demand in custodial wallets is rising. Over the past year, 278K BTC flowed into U.S. spot ETFs (80% retail) vs. 670K BTC into whale wallets (1K+ BTC, excluding exchanges/mining pools). In custodial wallets, institutional demand is twice that of retail.” #Bitcoin institutional demand in custodial wallets ...