Cryptos in retreat, as critics rejoice, but Bitcoin and altcoins claw back

April 16, 2019 – LeapRate

Yes, “emotional enthusiasm” may indeed be present, but the fact remains that major inroads are occurring in the institutional space, making way for an inflow down the road for substantial participation by large banks, hedge funds, and individual investors. The conclusion reached by one recent research report is compelling: “From data collected by cryptofundresearch.com… the ‘institutional proportion’ overall could be less than 7% for the cryptoasset market.” The analysts…

 

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