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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

$63,658.01
+0.79%
24h Volume

$9,519,188,779.62

24h H/L

$63,999.00 / $62,436.59

Change: $1,562.41 (2.50%)

Long/Short
61.2%
Long: 61.2%Short: 38.8%
Funding Rate

+0.0048%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,219.99

0.12%

Volume (24h): -

Resistance Levels
Resistance 3$67,369.22
Resistance 2$65,887.74
Resistance 1$63,780.07
Price$63,219.99
Support 1$63,152.43
Support 2$60,643.48
Support 3$57,800.19
Pivot (PP):$62,958.86
Trend:Downtrend
RSI (14):50.1
BM
Bitcoin Magazine Editorial
(05:41 PM UTC)
1 min read
DK
Approved byDavid Kim
956 views
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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Bitcoin Magazine Editorial · Bitcoin Magazine

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