Rise in Institutional Sized Capital Fueling Bitcoin Bull Market, According to Crypto Insights Firm Glassnode

Crypto analytics firm Glassnode says Bitcoin is witnessing a major spike in large transactions this year, indicating that deep-pocketed investors are fueling its 2021 resurgence. During the 2019-2020 bear market, the average Bitcoin transaction size was $6,000-$8,000, and the period was dominated by retail investors and early investment fund participants, according to the firm. By […]The post Rise in Institutional Sized Capital Fueling Bitcoin Bull Market, According to Crypto Insights Firm Glassnode appeared first on The Daily Hodl.