Equities have seen substantial increases, while Bitcoin’s price remains tight. Retail investors offloaded a total of 247,000 BTC this year, amounting to around 25.7 billion USD. In contrast, institutional investors are accumulating Bitcoin, suggesting a shift in market dynamics.
The recent 11% drop in the U.S. Dollar index has fueled interest in equities, reflecting a renewed risk appetite among investors. With the U.S. Stock market showing strong weekly gains, Bitcoin struggles to gain momentum, indicating a significant divergence in investment strategies.
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