
Bitcoin remains under pressure in the short term, but several factors suggest the longer-term outlook is still constructive. Morgan Stanley added about $13.2 million in Bitcoin over the past week and has not sold any of its holdings since May. Its Bitcoin ETF has also attracted more than $377 million in cumulative inflows. While analyst expects Bitcoin dominance to decline as Ethereum gains relative strength, continued institutional buying could provide support for Bitcoin if broader market conditions improve.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Ripple CEO Brad Garlinghouse used a speech at the CFTC's Innovation Advisory Committee meeting this…
XRP is holding above a critical support level following a recent liquidation-driven pullback, with several…
The DeFi protocol Term Labs has suffered an estimated $8.5 million loss after an attacker…
Bitcoin is trading at $77,129.12, up 22.8% over the past week, as former Coinbase Head…
South Korean traders are returning to crypto as Bitcoin climbed to a three-month high of…
Decentralized derivatives platform Hyperliquid has overtaken Solana based meme coin launchpad Pump.fun in 24-hour fees.…