Bitcoin (BTC) price has been gradually giving up ground for the past few days and that has a few investors afraid that a sharp correction or a bear market similar to the one in 2018 could occur again. However, there are major differences between the previous bull market and the current one.
The most notable difference is the arrival of institutional investors. The latest institution to have taken a position in Bitcoin is Massachusetts-based insurance firm MassMutual, which recently purchased 5,470 BTC for roughly $100 million.