Analysts: Bitcoin is expected to stand firm at US$100,000, ETH's rise is driven by retail investors
Online reports, Coindesk reported that Strategy disclosed on Monday that it purchased 7,390 bitcoins, with an average value of $103,498, between May 12 and May 18. Valentine Fournier, chief research analyst at BRN, said this round of buying action is aimed at firmly stabilizing Bitcoin's price at a new bottom above $100,000. ETF inflows also reflect this strength. Fournier pointed out that Ethereum's recent price rise is "driven more by organic demand than institutional capital inflows, which may mean increasing retail activity and a decoupling of performance between Bitcoin and other altcoins."
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