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Wintermute Warns Bitcoin Could Still Drop Into $50,000 Range
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
Crypto market maker Wintermute cautioned that Bitcoin’s recent rebound from the low-$60,000s does not yet confirm a lasting market bottom. According to the firm, key indicators including ETF flows, stablecoin activity, and digital asset trading (DAT) flows have yet to show a clear reversal in trend. Wintermute expects Bitcoin to remain volatile amid typically thin summer trading conditions and warned that prices could still fall into the $50,000 range. The firm said the most important signal for a stronger recovery will be the sustained return of ETF and stablecoin inflows, which would indicate renewed investor demand and broader market strength.
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