Standard Chartered Says Crypto Market Has Likely Found Its Bottom
Standard Chartered believes the cryptocurrency market has already reached the low point of its current cycle, with Bitcoin (COIN:BTCUSD) recently touching $59,000 after falling 53…
Standard Chartered believes the cryptocurrency market has already reached the low point of its current cycle, with Bitcoin (COIN:BTCUSD) recently touching $59,000 after falling 53% from its record high of $126,000. Geoffrey Kendrick, the bank's Global Head of Digital Assets Research, identified two developments that could help confirm a broader recovery is underway.
Source: https://finance.yahoo.com/markets/crypto/articles/standard-chartered-says-crypto-market-105200367.html