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Bitcoin (BTC) Price Regains $19,000 Levels as Institutions Chip-In Once Again
Dec 14 2020 · 13:52 UTC by Bhushan Akolkar · 3 min read
Photo: Depositphotos
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Bitcoin price shows northward momentum owing to rising confidence among institutions. The institutional developments and money inflow in Bitcoin have triggered investor optimism in the market.
After a strong correction last week, Bitcoin (BTC) reclaimed the price of $19,000 over the past weekend. At press time, Bitcoin (BTC) is trading at a price of $19,126 with a market cap of $355 billion. Market analysts are saying that the recent Bitcoin price movement fuels the sentiment of a bull market. The Bitcoin price growth is widely associated with the growing interest from the side of institutions.