Thanks for sharing the news. Hopefully this means more institutions would finally pour into Bitcoin (BTC).
That said, the price of BTC recently dropped under $9K, down to about $8.8K, just as the news came in that Bakkt volumes soared to new highs.
Is the price decline simply due to technicals, or was it connected to Bakkt's somehow, you think?
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Good question. It may be both. Technicals deteriorating and institutions want to take advantage of what they perceive as a good opportunity to make some money.