JPMorgan: BTC breaking $55,000 is fueled by institutional investors appetite for Bitcoin

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The flagship digital asset, Bitcoin, in the last seven days has witnessed one of its best times in recent weeks with its value touching as high as $55,000 during the bull run.

While many analysts are yet to place a finger on what triggered this run, a research note from a leading traditional bank, JPMorgan, has revealed that institutional investors are returning to the asset.

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