Grayscale Forecasts Bitcoin Recovery Amidst Recent Market Crash

Grayscale’s research team has forecasted a recovery for the cryptocurrency market following its recent downturn, citing a supportive macroeconomic environment as a primary factor. The team notes potential U.S. Federal Reserve rate cuts and a robust U.S. stock market as significant contributors to the optimistic outlook. Notably, Bitcoin experienced a drastic price drop to $53,350,

Source: CoinOtag