Bitcoin Boom-Bust Era Ends as Institutions Steady BTC
Market Intelligence Analysis
AI-PoweredBitcoin's price remains stagnant near $68.7k, still 40-50% below its all-time high, due to outflows from US Spot ETFs and thin liquidity, with Standard Chartered reducing its price predictions for major cryptocurrencies.
Market impact analysis based on bearish sentiment with 85% confidence.
Article Context
Bitcoin continues to fight for direction, as BTC USD trades near $68.7k. Bitcoin continues to remain 40-50% below its ATH, pulled down by persistent outflows from US Spot ETFs and dangerously thin liquidity. Meanwhile, banking giant Standard Chartered has officially slashed its price predictions for Bitcoin, Ethereum, XRP, and Solana. ...
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