Bitcoin price eyes $10,000 as the institutional demand for crypto surges

Bitcoin (BTC) price is trading around the $9,500 mark as the buyers take a step back before continuing their assault at $10,000, the key short-term target. Fundamentally, several key metrics, including Grayscale’s $1.4-billion inflow in the first half of this year, suggest that institutional demand for Bitcoin is on the rise. Fundamental analysis: Institutional investors seek Bitcoin exposure The institutional demand for BTC has been growing consistently since the start of this year. However, in Q2 2020 the...