Leveraged funds became 7,275 BTC-equivalent less net short as asset-manager longs fell and weekly ETF demand barely stayed positive. The post Why Bitcoin’s rally above $80,000 isn’t backed by institutional conviction appeared first on CryptoSlate .
Source: [CryptoSlate](https://cryptoslate.com/why-bitcoins-rally-above-80000-isnt-backed-by-institutional-conviction/)