Bitcoin hasn’t broken out just yet — it’s hovering in a tight range, waiting for signals to decide whether to sprint or stall. Amid talk of a U.S. government shutdown and fading clarity around rate cuts, traders seem hesitant to commit.
That said, institutional interest remains alive: U.S. Bancorp recently relaunched its institutional Bitcoin custody service, signalling banks are still gearing up for more crypto inflows.
Meanwhile, the broader macro backdrop — monetary policy expectations, dollar strength, and regulatory tone — continues to be the real tug-of-war behind each move.
That said, institutional interest remains alive: U.S. Bancorp recently relaunched its institutional Bitcoin custody service, signalling banks are still gearing up for more crypto inflows.
Meanwhile, the broader macro backdrop — monetary policy expectations, dollar strength, and regulatory tone — continues to be the real tug-of-war behind each move.
UK, London
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
UK, London
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.