Apr 2, 2019
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Wall Street’s Interest in Crypto May be Dwindling, But the Markets Don’t Seem to Care

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Ever since Bitcoin began plummeting from its late-2017 highs of nearly $20,000, the crypto community has been looking towards institutional and corporate investments as the next potential source of capital that could lead the markets to surge back towards, or above, their all-time highs.

Despite this, the Bitcoin ETFs that many investors were looking towards are still showing few signs of being approved, and institutions haven’t been quick to jump into the markets. Although Wall Street entering the markets would certainly be positive for crypto prices, investors ought to remember that the overall market cap climbed to over $800 billion on speculation alone, and this could certainly be replicated again.

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