Bitcoin (BTC) stays strong as Institutional Demand Heats Up: What's Next?

More than 20K BTC were purchased last week by the US Spot Bitcoin ￰0￱ spite of long-term holders taking some profits, the strong institutional demand has helped to keep Bitcoin within striking distance of its all-time high. What’s next for the king of cryptocurrencies? Institutions still believe in Bitcoin Net inflows into the US Spot Bitcoin ETFs last week amounted to a total of 20.5K ￰1￱ was equivalent to around $2.3 billion, and gives an idea of the mindset of the institutions in regard to expectations for Bitcoin going forward. $BTC price stays in tight range