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Institutions not so interested in Bitcoin at $58K, metric shows

August 16, 2024 by DIGIT
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10x Research’s Markus Thielen says there’s one stablecoin metric that is key to indicating institutional interest in Bitcoin, but it’s not flashing green right now.

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Categories 10x Research, 7-day minting ratio, Markus Thielen
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  • bitcoinBitcoin(BTC)$89,184.00-3.31%
  • ethereumEthereum(ETH)$3,017.97-3.85%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.03-3.09%
  • binancecoinBNB(BNB)$881.46-2.21%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$132.67-4.61%
  • tronTRON(TRX)$0.285388-0.09%
  • staked-etherLido Staked Ether(STETH)$3,015.46-3.95%
  • dogecoinDogecoin(DOGE)$0.139140-5.76%
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  • bitcoinBitcoin(BTC)$89,184.00-3.31%
  • ethereumEthereum(ETH)$3,017.97-3.85%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.03-3.09%
  • binancecoinBNB(BNB)$881.46-2.21%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$132.67-4.61%
  • tronTRON(TRX)$0.285388-0.09%
  • staked-etherLido Staked Ether(STETH)$3,015.46-3.95%
  • dogecoinDogecoin(DOGE)$0.139140-5.76%