Bitcoin’s Downturn Due to Multiple Factors, Recovery Expected by Grayscale

The recent decline in Bitcoin and altcoins has garnered considerable attention in the crypto market. Key factors behind this downturn include Mt.Gox repayments, Bitcoin sales by Germany and the U.S. governments, and outflows from spot Bitcoin ETFs. Grayscale corroborates these views, noting that a significant macroeconomic shift is necessary for market recovery within the next

Source: CoinOtag