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Coin Edition 2024-08-06 07:22:52

Bitcoin Price Drops, But Institutions Hold Strong

Despite a recent Bitcoin price drop, major investment firms like BlackRock and Fidelity have opted to retain their Bitcoin assets. According to data from Arkham, these firms, along with MicroStrategy and Grayscale, have not liquidated their holdings despite the market volatility. Currently, Bitcoin is priced at $54,262.48, with a 24-hour trading volume of $103 billion. The post Bitcoin Price Drops, But Institutions Hold Strong appeared first on Coin Edition .

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