Bitcoin's current price offers limited upside potential compared to presale token entries, making it less attractive for return-seeking investors
Too little corroboration in the last 3 days to call a trend (2 articles). Watching for it to gain traction.
"the Coinbase Premium Index—which tracks whether U.S. institutional buyers are paying a premium over global retail prices—has been negative since May. As Decrypt reported last week, Daniela Hathorn, senior market analyst at Capital.com, reads that kind of persistent institutional caution as 'a broader bout of risk aversion rather than a deterioration in crypto-specific fundamentals.'"
"Bitcoin remains the strongest long term store of value in crypto, but the move from $64,749 back toward $126,198 offers a 2x return. The presale math on a token selling for millionths of a dollar carries a fundamentally different ratio for the same dollar committed."