Bitcoin Rally Has ‘Serious Institutional Money’ Behind It, Devere Says

Bitcoin’s renewed advance reflects stronger institutional demand, according to Devere Group CEO Nigel Green, who predicts that bulls have regained control. His outlook follows a rebound in ETF inflows, despite uneven fund demand and a U.S. legislative setback. Green Sees Institutional Demand Supporting Bitcoin Bitcoin’s recovery could gain durability from institutional allocations, according to comments […]