Saturday, June 7, 2025

Large investors bought bitcoin during the collapse of quotes

&NewLine;<&excl;-- Google AdSense AMP snippet added by Site Kit -->&NewLine;<amp-auto-ads type&equals;"adsense" data-ad-client&equals;"ca-pub-7026113949539412"><&sol;amp-auto-ads>&NewLine;<&excl;-- End Google AdSense AMP snippet added by Site Kit -->&NewLine;&NewLine;<p><strong>Investment <&sol;strong>funds began buying the main <strong>cryptocurrency <&sol;strong>after its price dropped below &dollar; 35 thousand&period; On the evening of May 19&comma; more than 37 thousand <strong>cryptocurrency<&sol;strong> were withdrawn from <strong>crypto exchanges<&sol;strong>&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>The main buyers of <strong>bitcoin <&sol;strong>during the collapse of its quotations to &dollar; 30 thousand on May 19 were large <strong>investment <&sol;strong>funds&comma; said <strong>Julian Emanuel<&sol;strong>&comma; managing director of the financial company <strong>BTIG<&sol;strong>&comma; in an interview with <strong><a href&equals;"https&colon;&sol;&sol;www&period;cnbc&period;com&sol;2021&sol;05&sol;19&sol;btig-keeps-50000-target-on-bitcoin-says-institutions-are-buying-during-rout&period;html" target&equals;"&lowbar;blank" rel&equals;"noreferrer noopener">CNBC <&sol;a><&sol;strong>&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>In his opinion&comma; the fact that after the collapse of the main <strong>cryptocurrency<&sol;strong>&comma; it returned to the level of &dollar; 39-40 thousand&comma; speaks of the recognition of <strong>bitcoin <&sol;strong>as a viable alternative investment in a diversified portfolio&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-text-align-center"><em><strong>BTIG <&sol;strong>is a global financial services company specializing in institutional trading and related brokerage services&comma; and has over 3&comma;500 institutional clients worldwide&period;<&sol;em><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong>Cryptocurrency <&sol;strong>broker Genesis Global Trading started sending out the same information to its clients yesterday&comma; reports The Block &period; The document says that large <strong>investment <&sol;strong>funds started <strong>buying bitcoin<&sol;strong> after its price dropped below &dollar; 35 thousand&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"has-text-align-center"><em>Genesis Global Trading is the first US <strong>cryptocurrency<&sol;strong> broker to serve institutional clients since 2013&period;<&sol;em><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>According to the bot of the analytical service <strong>CryptoQuant&comma;<&sol;strong> on the evening of May 19&comma; more than 37 thousand <strong>bitcoins <&sol;strong>were withdrawn from the main <strong>cryptocurrency exchanges<&sol;strong>&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>A few days before that&comma; there was a record inflow of <strong>cryptocurrency<&sol;strong> to sites since March 2020&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><&sol;p>&NewLine;

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