Category: Bitcoin rally

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Market Strategist Explains 4 Reasons Why BTC Is Rallying — ‘Ukraine Crisis Highlights How Bitcoin Can Act as a Support Mechanism’

March 1, 2022

On Monday, Sven Henrich, the founder and the lead market strategist for northmantrader.com discussed bitcoin “rallying in the face of this crisis.” The technical analyst and market commentator highlighted four reasons why he believes bitcoin’s value surged — “Fundamental, Sentiment, Technical, [and] Safety trade.” Northmantrader’s Founder Sven Henrich Describes Why He Thinks ‘Bitcoin Is Rallying…
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Institutional crypto products eye record AUM as investors pile into Bitcoin

October 12, 2021

Institutional investors piled $225 million into Bitcoin products while Ether products saw outflows of $13.6 million this past week. Institutional investors are continuing to pile into Bitcoin despite prices pushing up to a five-month high. According to CoinShares’ Oct. 12 Digital Asset Fund Flows Weekly report, more than $226 million in capital flowed to institutional…
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