Institutional investors buy Bitcoin while private individuals sell

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Institutional investors buy Bitcoin while private individuals sell
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While individuals decided to sell their Bitcoin last month, sovereign wealth funds and other institutions were just buying, says John D’Agostino of Coinbase Institutional. During an interview with CNBC, he compared Bitcoin to gold, explaining that many institutional parties are buying BTC as a hedge against inflation and macroeconomic uncertainty. Bitcoin is digital gold According…

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