Are Bitcoin’s odds for a rally to $75,000 diminished by a weakening US economy, the war in Iran and multiple institutional BTC holders selling in the open market?
Key takeaways:
Private credit risks and weak US jobs market data drive Bitcoin lower, but is there a silver lining?
Institutional Bitcoin ETF outflows and miner sales test BTC’s strength, but the Federal Reserve’s options for addressing the federal deficit may also favor scarce assets.
Stablecoins dominated crypto trading in Q1 as investors sought safety, while rising bot usage and declining retail...
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