The post Bitcoin Selloff: Why Major Institutions Are Selling Bitcoin? appeared first on Coinpedia Fintech News
Bitcoin has faced intense selling pressure recently, with its price dropping sharply below $54,000 in August. This notable downturn is primarily driven by significant selling activities from institutional investors, a trend that has left the cryptocurrency market in a state of flux. Institutional Sell-Off Hits Bitcoin Hard According to Wise Advice, a prominent crypto influencer, …