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Tom Lee Explains Why Bitcoin Price Is Not Moving Despite Institutional Demand.

Fundstrat's CIO, Tom Lee, has given his expert opinion on the recent Bitcoin price stagnation despite growing institutional demand.

Lee, who was recently appointed the chairman of BitMine, shared his thoughts on CNBC's ETF Edge on Tuesday after a slow start to the month for Bitcoin. The pioneering cryptocurrency dropped to $105,159 on Tuesday, sparking a broader market shake- off, but has reclaimed $107,000 at the time of

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