Between October 2025 and April 2026, cryptocurrency prices fell by half, but the world’s largest institutional investors did not sell. According to a report by Bitwise Asset Management that interviewed 15 major institutions, none reduced their crypto allocation during the sell-off. Every institution that owns crypto owns bitcoin, which constitutes their first crypto purchase, their largest holding, and the one they’ve held longest. Bitcoin’s price currently stands at around $84,506, up nearly 7% over the past 30 days.
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