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Institutions are buying while retail investors are fleeing. This script seems backwards.
The report said that Bitcoin fell as much as 5.4% to $59,023 on Wednesday, the lowest level since October 2024, and has fallen about 50% from its all-time high set in October last year.
Bitcoin has spent years trying to shed its label as a "retail casino," but after retail investors ebb, the institution-dominated market appears more fragile during downturns.