Bitcoin
Bitcoin Price to Crash 13% to $50k Amid Lower ETF Demand, Liquidity
Bitcoin has fallen past the ETF purchase price of around $58,000, putting over half of ETF positions underwater, Standard Chartered wrote.
Bitcoin's break below $58,000 on Wednesday clears a path for it to fall as low as $50,000, Standard Chartered said in new research.
The crypto's decline has been driven by rising ETF outflows and falling US liquidity levels.
But the firm has long bee... [2724 chars]
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