Bitcoin Price Sets New ATH at $4,091, are Institutional Investors Cashing in?

bitcoin athSupported by upward momentum established by the lock-in of the Bitcoin Core development team's scaling solution Segregated Witness (SegWit), bitcoin achieved a new all-time high price at $4,168. Earlier in August, the activation of SegWit was essentially finalized through the lock-in of Bitcoin Improvement Proposal (BIP) 141. As a result, the activation period of SegWit was initialized and according to various data analysis platforms, SegWit is expected to activate on August 22. Upward momentum of the bitcoin price set by SegWit was carried by the rising demand from institutional investors such as Goldman Sachs and JP Morgan. Earlier this week,

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