Institutional investors’ reactions to the bitcoin price crash have been quite similar to that of retail investors. After weeks of outflows, the tides have begun to change, largely credited to the low prices that offer a chance to get into the digital asset before a recovery. The past week saw inflows for the digital asset, although other assets tell a different story.
Bitcoin Sentiment Recovers
Bitcoin sentiment had declined far into the negative following the price crash of last week. With the digital asset reaching as low as $17,600, it triggered massive sell-offs across the space. However, not everyone in the space had seen the declining prices as a signal to sell. For some, it presented a unique opportunity to get some ‘cheap’ bitcoins which