Serious money is looking to get into the crypto sector, which could help sustain the current uptrend in digital asset markets.
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Market data is provided by the HitBTC exchange.
The smart money sells when the whole market and especially the retail players are overly bullish. Similarly, these large players enter the markets when the sentiment is bearish and people are waiting to dump their positions. After the extended bear market and huge erosion in prices, retail traders are wary of entering the crypto markets.
The total Bitcoin trading volume has been on a decline for the past few months but the institutional players seem to be accumulating at the lower levels. The…
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