CryptoCoinDeskabout 12 hours ago
Bitcoin bottom at $59,000 ends crypto winter: analyst
1 min read
Standard Chartered analyst Geoffrey Kendrick says bitcoin set its cycle low at $59,000, ending the crypto winter. Heavy selling of spot bitcoin ETFs to free cash for SpaceX's IPO is easing. A U.S.-Iran peace deal and renewed corporate buying could confirm the bottom. Kendrick expects ether to outperform bitcoin.
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