Rising institutional demand drives bitcoin to new highs
2025-07-11 08:01:56
Tickmill Group analyst Patrick Munnelly said in a report that bitcoin has risen to an all-time high, driven by interest from institutional investors and supportive measures from President Trump. "The recent surge in bitcoin's value has been driven by continued buying by institutional investors, who are buying up available supply in large quantities, resulting in diminishing liquidity on trading platforms," he said. In addition, Trump ordered the establishment of a strategic bitcoin reserve, while the US Senate passed a bill last month to provide a regulatory framework for stablecoins.
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