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Wintermute Warns Bitcoin Could Still Drop Into $50,000 Range

2 hours ago 884
A cracked gold Bitcoin coin trapped inside a metal bear trap against a red declining chart.

The post Wintermute Warns Bitcoin Could Still Drop Into $50,000 Range appeared first on Coinpedia Fintech News

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 …

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