The post Bitcoin Price Skyrocket $57K As US Institutions Bought $295M Worth of Bitcoin ETFs appeared first on Coinpedia Fintech News The price of Bitcoin has fallen sharply over the past two weeks, dropping to $53,600 on July 5. This is the first time Bitcoin has traded below $54,000 since February. The decline is mainly due to a significant sell-off by the German government and the $8.5 billion repayment from Mt. Gox to its creditors. Meanwhile, …