Institutional Investors Reconsider Gold Amidst Bitcoin Price Crash 


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Gold Hands Bitcoin Bullion Yellow

Gold Hands Bitcoin Bullion YellowJ.P.Morgan analysts have revealed that the bitcoin (BTC) price dip witnessed in recent weeks has succeeded in weakening institutional investors’ appetite. The analysts note that there has been a considerable level of outflows from bitcoin funds while gold exchange-traded funds continue to see a decent level of inflows, according to reports on June 1, 2021.

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