Crypto
Institutional Investors Sell Bitcoin Holdings Amid Shift to Artificial Intelligence
The crypto market has experienced a decline of 2% over the past 24 hours, reaching a total value of $2.18T.
This downturn is largely attributed to institutional investors' shift towards Artificial Intelligence (AI) and away from cryptocurrencies.
Several prominent companies, including Strategy, have been selling their Bitcoin holdings in recent weeks. Strategy alone has sold 6,916 BTC for approximately $429.35 million over the past six weeks.