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Bitcoin prices continue to decline this year when retail interest is weakening. But institutional investors seem to regain this momentum, and have brought the world's largest digital currency investment company to set new highs for this year.
Despite the increase in smaller alternatives such as ether or XRP known as "alt coins", bitcoin is still "king" of cryptocurrencies for investors, said Grayscale,
In the third quarter, 73% of the inflows were made in the Bitcoin Investment Trust, which operates on over the counter markets with the GBTC ticker. Despite being "king", bitcoin is still declining by over 55% this year and trading near $ 6,300 on Thursday, according to CoinDesk data.
