“The current institutional interest we are witnessing is far from the opportunistic FOMO [fear of missing out] we have seen in the past that can push prices up in the short term,” Kerbage wrote. “These institutions move slowly and deliberately and invest for the long term—once they are in, they are in.”

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• Orisun: https://www.coindesk.com/markets/2023/06/29/us-investors-are-driving-bitcoins-price-surge-as-institutional-demand-rises/?utm_medium=referral&utm_source=rss&utm_campaign=headlines