Biggest firms loading up on Bitcoin
As of Wednesday morning, Bitcoin (BTC) is trading over $96K, up nearly 2% in the last 24 hours, marking a continued recovery from April’s lows around $75,000. Late Tuesday evening ET, Bitcoin surged over $97K.
The world’s largest cryptocurrency is now within striking distance of the critical $100,000 milestone amid renewed institutional and political tailwinds.
Tower Research and Citadel Quietly Build Bitcoin Positions
According to a new leak first reported by Bloomberg, Wall Street’s high-frequency trading elite are increasing their exposure to crypto markets.
Tower Research Capital, one of the biggest players in algorithmic trading, has reportedly ramped up its capital allocation to crypto and upgraded its market-making…