# Bitcoin’s 23% Week Is Institutional Money, Not Retail, Says Pantera’s Cosmo Jiang

Through most of June and July, bitcoin languished below $65,000. The token now changes hands at $77,412 after a weekly gain of more than 23% — and one of the managers overseeing $3.8 billion in crypto assets argues the bid isn't coming from retail. Speaking to CNBC in a Friday interview, Cosmo Jiang

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| Published | 22 August 2026 |

Source: https://egamers.io/bitcoins-23-week-is-institutional-money-not-retail-says-panteras-cosmo-jiang/