Institutions Buy the Dip, Geopolitics Stir Panic
Another week, another period of eventful news in the cryptocurrency market. From October 12–19, digital assets went through yet another wild ride with major developments causing an even more volatile market. From geopolitical developments to major liquidations, investors were met with a whirlwind of market-changing news.
Institutions Continue to Bet on Crypto
Despite the cryptocurrency market taking a downturn this week, institutional investors continued to demonstrate confidence in the long-term potential of digital assets.
Citibank, one of the largest financial institutions in the world, is reportedly preparing to launch a new platform that will allow the firm to offer cryptocurrency custody services to investors.
Meanwhile,…
