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First Mover: Bitcoin's Failure to Break $20K Shows Big Investors Only Just Arriving

Institutional adoption is the buzzword du jour, probably a factor in bitcoin's price rally close to $20,000, and not even really happening yet.

By Bradley Keoun, Omkar Godbole, Sebastian Sinclair

Updated Sep 14, 2021, 10:36 a.m. Published Dec 1, 2020, 2:27 p.m.

Cryptocurrency analysts were assessing the fallout as bitcoin retreated from a new all-time high price.