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Market sentiments have been notably unstable, with many individuals expressing frustration over altcoins. This impatience often leads to panic selling, especially among those who recently invested in rising altcoins. Experts advise long-term investors to remain calm, pointing out that buying during these red weeks can lead to more favorable outcomes later in the cycle.
Amidst this turmoil, institutional interest in Bitcoin continues to grow. A recent sale of $400 million by Wall Street representatives sparked dramatic headlines, but it is essential to remember that Bitcoin ETFs have recorded net inflows of around $3.3 billion this year alone. Major players such as BlackRock are significantly boosting demand.