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Price Analysis 6/10: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, ADA, XTZ

Published 06/10/2020, 03:53 PM
Updated 06/10/2020, 05:40 PM
Price Analysis 6/10: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, ADA, XTZ
BTC/USD
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About one-third of institutional investors surveyed by Fidelity said they have invested in digital assets. 25% of the survey participants said that they hold Bitcoin (BTC) and 11% confirmed that they hold Ether (ETH). While these are encouraging signs, the future looks even brighter as 91% of survey participants expect to hold at least 0.5% of their portfolio in crypto assets in the next five years.

Total Bitcoin options open interest has risen from $1 billion on May 7 to over $1.5 billion on June 9, according to data from Skew. This shows growing interest among institutional investors who expect the top-ranked cryptocurrency on CoinMarketCap to make a decisive move within the next few days.

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