Crypto Market Rebounds But Institutional Investors Remain Cautious of Most Hated Rally
• Blue-chip traders still waiting on sidelines as crypto launches "most hated rally" • Institutional investors still waiting along with retail traders, per Meltem Demirors of CoinShares • Macro desks not started buying yet despite various positive factors • Demirors calls it a "most-hated rally" as public tired of crypto after failures in 2022 • Crypto market cap rebounded from $1.06T on Oct 23 to $1.60T, but retail and dog coins yet to return