A significant power shift is underway in the Bitcoin market as long-time whales are selling off substantial holdings, while institutional investors like ETFs and corporations are steadily increasing their Bitcoin allocations. This transition is causing Bitcoin’s volatility to decrease and its identity to evolve from a high-risk trade to a more stable, long-term investment.
US stocks: US market ends mixed as investors focus on Big Tech earnings
Wall Street closed mixed as investors awaited tech earnings and feared rate hikes. Oil prices fell after President Trump discussed peace talks with Iran. Major