Bitcoin remains near historical highs, buoyed by sustained institutional demand, particularly from cryptocurrency fund management firms, according to Min Jung, a research analyst at Presto Research. Ethereum has also seen price benefits as more listed companies incorporate ETH into their corporate treasuries. While there are early signs of an altcoin season, it is still unclear if this momentum will extend to the broader altcoin market.
Institutional Demand Drives Bitcoin and ETH, Altcoin Impact Uncertain
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