Bitcoin’s recent breakout to $93,000 has gained traction, primarily driven by institutional investors rather than retail buyers, according to John D’Agostino from Coinbase Institutional. In his analysis on CNBC, D’Agostino highlighted that deep-pocketed institutions are responsible for pushing Bitcoin’s price higher while retail investors seem to be retreating from exchange-traded funds ETFs. This shift in investor dynamics raises questions about the future of Bitcoin and its appeal among smaller traders. A growing focus on institutional involvement signals a significant change in the cryptocurrency landscape, and this trend could shape Bitcoin’s journey in the coming months. Keep an eye on market developments as this story unfolds.