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Crypto

Bitcoin Slips Below $80,000 Amid Strong Institutional Demand

Guavy AI Editorial Team
Instruments
BTC JUP ZEC
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The Bitcoin price has slipped below $80,000 on Monday amid robust US employment data that improved the odds of a rate hike.

Institutional demand remains strong with crypto-focused Exchange Traded Funds (ETFs) reporting nearly $1.25 billion in inflows last week, marking the third consecutive week over $1 billion in inflows.

Jupiter and Zcash are leading the broader crypto market rally, extending their gains over the last 24 hours.

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