Cathie Wood Says Institutions Are Buying Bitcoin While Weak Holders Exit the Market

Story Highlights* Cathie Wood says institutions are buying Bitcoin while weak holders continue exiting the market.

  • ARK Invest believes institutional adoption is becoming the biggest long-term driver for Bitcoin growth.
  • Active Bitcoin addresses dropped 39.8%, falling from 821,000 to 494,000 over the last two weeks.
BTC-1.74%
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