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via Bitcoin Magazine · By Bitcoin Magazine Editorial

Traditional Finance Is Rushing Into Crypto As Institutions Buy Bitcoin’s Dip: Axios

BTC

BTC/USDT

$63,074.28

-0.08%

$63,074.28

-0.08%

(24s)

24h Volume

$2,493,029,403.05

24h H/L

$63,175.00 / $62,920.00

Change: $255.00 (0.41%)

Long/Short

67.9%

Long: 67.9%Short: 32.1%

Funding Rate

+0.0026%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,133.03

▲ 0.07%

Volume (24h): -

Resistance Levels

Resistance 3$66,089.72

Resistance 2$64,397.36

Resistance 1$63,626.50

Price$63,133.03

Support 1$62,999.35

Support 2$62,275.00

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.6

Bitcoin Magazine Editorial

(05:41 PM UTC)

1 min read

Approved byDavid Kim

0 comments

Traditional financial institutions are shedding their skepticism toward crypto, and the shift is accelerating in 2026.

Banks, brokerages, and exchanges are racing to offer crypto products as demand from retail investors, institutions, and wealthy clients reaches a tipping point.

David Ripley, co-CEO of crypto exchange Kraken, told Axios that “nearly all traditional financial services…

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