Bitcoin hovers near $70,000 as analyst calls sell-off ‘a mere crisis of confidence’
Bitcoin is stabilizing around the $69,000 to $70,000 level following a sharp sell-off last week that saw prices briefly dip below $61,000 amid heightened investor uncertainty. A prominent analyst from Bernstein describes the downturn as a temporary “crisis of confidence” rather than any fundamental breakdown, emphasizing that no major structural issues have emerged in the … Read more
