4min chapter

Bankless cover image

Bull Trap, or Bull Market? with Vance Spencer

Bankless

CHAPTER

Cryptocurrency - Are the Institutions Buying?

David Frakt: Some institutions are buying Bitcoin. Are they freaking out about this and heading for the hills? Is that going to cause a bear market? Or extend it? What do you think about institutional buyers? He says people were sold a very specific dream of crypto, which was FTX,. It's all the gross stock funds that have gotten beaten up. And everyone who fought to allocate at these crypto institutions now just looks kind of stupid.

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