The post Is Strategy the Only Major Bitcoin Buyer Now? What Does it Mean for the BTC Price? appeared first on Coinpedia Fintech News
The rise of institutional interest in the crypto markets has changed the dynamics of Bitcoin, specifically. Strategy (then MicroStrategy) has played a major role in changing these institutions’ perceptions of cryptos. Recent data suggests that Strategy has emerged as the dominant buyer of BTC, raising questions about the sustainability of the ongoing price trend. Weak …