Bitcoin Bear Market May Not Yet Be Over, Says Fidelity
Bitcoin Magazine Bitcoin Bear Market May Not Yet Be Over, Says Fidelity Fidelity argues that bitcoin may have seen its bottom in July. But there's still evidence it could drop again to a new low later this year. This…
Bitcoin Magazine Bitcoin Bear Market May Not Yet Be Over, Says Fidelity Bitcoin may be rallying but that doesn’t mean the bear market is over. Not yet, anyway. A new report from asset manager Fidelity said that while bitcoin was behaving like it did in previous cycles, it could still hit a bottom in November. Bitcoin started rallying in mid-August after the U.S. Treasury Department said it would more than double the size of its government debt repurchases. The asset’s price recently stood at close to $81,639, up nearly 30% over a 30-day period. Some have since argued that bitcoin…
Read the full story at Bitcoin Magazine
Source: Bitcoin Magazine
Original report: Bitcoin Magazine
Nothing on this site is investment advice. Digital assets are volatile and you can lose everything you put in.
