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Data provided by TradingView shows that Bitcoin spent the day steadily climbing from a low of $60,800 in the early morning to a high of $63,270 in the afternoon.Institutions put a floor of support under Bitcoin He linked the BTC ETFs to an “initial offering that allows the global financial system to have investment rails, payment rails, and ways to put capital towards cryptocurrency and Bitcoin within structures they find comfortable for them and normal and something they can do from a risk point of view.”
“I would say it’s a watershed moment where the top asset managers in the world, the biggest asset manager, many of the other large asset managers have gotten to a level of comfort with the asset,” he said. “And that watershed moment is basically a way for a very large market to access cryptocurrency, and the size of that market isn’t fully understood by even the average consumer or some of the other institutions. I think it’s really quite a massive market.
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