Bitcoin near $60,000 today vs February: Institutional sentiment has flipped
Bitcoin BTC$61,977.27 is back to trading at levels seen in early February: near $60,000. But this time, the response from institutions is totally different. Today, they are aggressively selling into the dip, ETF flows indicate, unlike in February, when selling slowed as prices dropped to near $60,000. That marks a fundamental shift in how institutions view bitcoin at this level.