Bitcoin CRASHES! 5th Month of LOSSES! Is Crypto WINTER BACK? Watch NOW!
Is crypto winter truly over, or are investors facing another brutal freeze? Bitcoin recently plunged to $66,000, marking its fifth consecutive month on pace for losses and dropping 47% from its peak, amidst global trade uncertainties and new tariffs. This significant downturn has prompted experts like Bespoke Investment Group to question Bitcoin's efficacy as a store of value, even as a mid-sized prime broker, Blockfills, failed. However, some analysts suggest this bear market may not replicate the severe contagion of 2022, though others like Standard Chartered have slashed year-end price targets, anticipating further dips to $50,000 before a potential rally. Ultimately, the market remains volatile, driven by macroeconomic factors and investor sentiment. To stay ahead of these critical market shifts, make sure to subscribe to our channel for the latest insights.
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