Crypto

Crypto

Standard Chartered says Bitcoin has hit a low near $59,000 after the cryptocurrency market’s winter ended

TL;DR Geoffrey Kendrick of Standard Chartered reportedly claims that Bitcoin's $59,000 area has marked the bottom of the cycle. The note cited capital turnover related to the SpaceX IPO and easing pressure on oil prices as key catalysts. Kendrick reportedly maintains a year-end Bitcoin target of $100,000 and an Ethereum target of...
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