Bitcoin Records 2nd Consecutive Week of Cash Inflows: Is a Breakout Rally Coming?

The post Bitcoin Records 2nd Consecutive Week of Cash Inflows: Is a Breakout Rally Coming? appeared first on Coinpedia Fintech News

Bitcoin (BTC) demand by institutional investors has remained high amid rising fears of short-term crypto market capitulation. According to market data from CoinShares, Bitcoin’s investment product recorded the second consecutive week of cash inflow last week of about $1.1B.  As a result, the BTC’s investment products have posted a net monthly flow of about $2.38 …