Bitcoin ‘increasingly unlikely’ to see prolonged correction: 21Shares
Bitcoin’s “structural imbalance” signals that it probably won’t experience a significant downturn in the near term, says 21Shares crypto research strategist Matt Mena.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin’s “structural imbalance” signals that it probably won’t experience a significant downturn in the near term, says 21Shares crypto research strategist Matt Mena.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
A16z crypto shares tokenized asset data as RWA market hits $34 billion
The rapid growth of tokenized assets signals a transformative shift in finance, potentially expanding DeFi markets and influencing...
Strategy CEO Phong Le addresses equity volatility concerns, signals willingness to sell Bitcoin
Strategy's shift from Bitcoin accumulation to potential sales may redefine corporate crypto strategies, emphasizing shareholder va...
Bitcoin to $40,000? If History’s Anything to Go By, It’s Possible, Says Report
Bitcoin Magazine Bitcoin to $40,000? If History’s Anything to Go By, It’s Possible, Says Report Bitcoin has underperformed compare...
GraniteShares terminates 2x Lucid ETF after 92% drop
The termination highlights the risks of leveraged ETFs, emphasizing the need for investor caution and understanding of volatility...
New Fed Chair Kevin Warsh signals openness to reforms on bank stress tests, and his crypto ties add intrigue
Warsh's reforms could reshape banking and crypto landscapes, potentially easing capital rules and increasing banks' digital asset...
China’s GDP growth miss signals mounting pressure for fiscal stimulus, and crypto markets are watching
China's slowing growth may prompt fiscal stimulus, impacting global markets and potentially increasing crypto interest amid econom...