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Bitcoin institutional allocation expected to expand despite October price decline

The Motley Fool +1 ·

BTC
BTC Grayscale Bitcoin Mini Trust ETF
$35.89 -0.22%
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  1. 1As of October 20, the Bitcoin price recorded a 2% decline.
  2. 2In a survey conducted by Coinbase Global, 91% of institutional investors responded that they plan to increase Bitcoin allocation.
  3. 3Bitcoin rose in October 10 times between 2013 and 2025.

So what's the key point?

Bitcoin prices fell by 2 percent. However, 91 percent of institutional investors responded that they plan to increase their Bitcoin holdings.

Source The Motley Fool +1 · View original ↗

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