Market Wrap: Bitcoin Down to $26K but Traders Remain Bullish
Bitcoin fell to the $26,000 level after it hit above $28,000 on Sunday, yet markets remain bullish on both retail and institutional interest.
The exchange quizzed 25 institutional players about crypto investing, including a couple of pension funds.
Bitcoin's active addresses and trading volumes broke their previous all-time high set in late 2017.
Institutions and "whales" have continued their bitcoin purchases, on-chain data shows.
Monday's plunge has erased almost all the gains the leading cryptocurrency had achieved in the new year.
'Bitcoin Rich List' broke its all-time high as bitcoin's price continues to rally.