{"id":73165,"date":"2023-01-27T13:48:01","date_gmt":"2023-01-27T11:48:01","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=73165"},"modified":"2025-09-09T12:36:21","modified_gmt":"2025-09-09T09:36:21","slug":"matrixport-institutions-account-for-up-to-85-of-bitcoin-purchases","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/matrixport-institutions-account-for-up-to-85-of-bitcoin-purchases\/","title":{"rendered":"Matrixport: Institutions account for up to 85% of Bitcoin purchases"},"content":{"rendered":"<p>Institutional investors are not shying away from cryptocurrencies \u2014 they account for up to 85% of Bitcoin purchases. These assessments were provided by Matrixport&#8217;s head of research and strategy Markus Thielen, according to<a href=\\\"https:\/\/cointelegraph.com\/news\/us-institutions-account-for-85-of-bitcoin-buying-in-very-positive-sign-matrixport\\\"> Cointelegraph<\/a>.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>In Thielen&#8217;s view, this could signal the market&#8217;s entry into a new bull phase. He predicted that altcoins would soon outperform Bitcoin in price dynamics.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Thielen&#8217;s view rests on the firm&#8217;s study linking purchases of a given digital asset to the timing of their execution and the market&#8217;s structure. If bullish dominance is pronounced during the U.S. trading session \u2014 that signals institutional presence; in the Asian session \u2014<strong> <\/strong>retail investors.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>For Bitcoin, 35% of the 40% year-to-date rise this year occurred during U.S. trading hours, according to the document.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Thielen said that historically institutional purchases of Bitcoin have preceded active accumulation of altcoins.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>The expert also noted that large investors are showing interest in Ethereum, and <a href=\"https:\/\/u1f987.com\/en\/news\/aptos-the-next-generation-of-blockchain-platforms\">Aptos<\/a> \u2014<strong> <\/strong>\\&#8221;is performing well around the clock.\\&#8221;<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Earlier, LookIntoBitcoin analysts said that Bitcoin had moved into the <a href=\"https:\/\/u1f987.com\/en\/news\/analysts-see-bitcoin-entering-the-early-stage-of-a-bull-market\">early stage of a bull market<\/a>.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p> Read ForkLog&#8217;s Bitcoin news in our <a href=\\\\\\\"\/\/telegram.me\/forklog\u201d\\\\\\\" target=\\\\\\\"\u201c_blank\u201d\\\\\\\" rel=\\\\\\\"\u201cnofollow\u201d noopener\\\\\\\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Institutional investors &#8216;do not shun cryptocurrencies&#8217; \u2014 they account for up to 85% of Bitcoin purchases. The assessment was made by Markus Thielen, head of research and strategy at Matrixport, according to Cointelegraph.<\/p>\n","protected":false},"author":1,"featured_media":73166,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,989,167],"class_list":["post-73165","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-matrixport","tag-research"],"aioseo_notices":[],"amp_enabled":true,"views":"7","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/73165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=73165"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/73165\/revisions"}],"predecessor-version":[{"id":73167,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/73165\/revisions\/73167"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/73166"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=73165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=73165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=73165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}