Bitcoin has surged over 4% in the past 24 hours, surpassing the $90,000 mark and outperforming major US stock indices. Despite this impressive rally, analysts caution that the growth may be unsustainable due to limited institutional support. The lack of significant participation from hedge funds, pension funds, and asset managers raises concerns about the rally's durability. Without stronger institutional demand, Bitcoin could be susceptible to rapid corrections.
Bitcoin Rises 4% to Over $90,000 Amid Concerns of Weak Institutional Support
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