As per Cryptofrontnews, Coinbase's Head of Institutional Strategy highlighted that despite Bitcoin's recent price decline, institutional adoption and market participation remain stable. Major institutions like Citibank, JPMorgan, and the Czechoslovakian National Bank have expanded crypto use or confirmed Bitcoin purchase plans. Futures open interest and active wallet numbers have not collapsed, suggesting steady participation. On-chain data from CryptoQuant shows Bitcoin's Sharpe Ratio has hit multiyear lows, indicating improved risk-reward conditions, though a market bottom is not confirmed.
Bitcoin Price Weakness Contrasts With Stable Institutional Activity and Improved Risk Metrics
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