Sunday, July 3

Biggest GBTC Discount Ever: 5 Things To Watch Out For About Bitcoin This Week By CoinTelegraph

© Reuters. Biggest GBTC Discount Ever: 5 Things to Watch Out For About Bitcoin This Week

Analysts start a new week looking for a new bottom of the price of (BTC), but one that may not mean a drop to the mark of $ 40,000 or less.

After an uneventful weekend, Bitcoin bulls are now facing another week of bearish sentiment across the global economy, keeping risk appetite tepid.

Amid the lack of a “Santa Claus rally” for virtually everyone, there seems to be few triggers to help get the pair back up in time for the new year. On the other hand, on-chain metrics remain strong, and miners refuse to spend.

Read the full article on Cointelegraph

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