Fidelity’s global macro director, Jurien Timmer, has called the end of the latest bitcoin bull run, while highlighting gold’s continued bull market strength.
Latest bitcoin bull turns bear, Fidelity director warns of year-long crypto winter
Fidelity’s global macro director, Jurien Timmer, has called the end of the latest bitcoin bull run, while highlighting gold’s continued bull market strength.
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Nasdaq and MOVE index patterns warrant caution for BTC bulls.
Bitdeer currently holds 855 BTC, valued at approximately $69 million.
Despite briefly reaching $2.17, XRP failed to maintain momentum, suggesting large holders may be unwinding positions rather than accumulating.
Downward pressure on bitcoin is losing steam, with the market stabilizing but not yet out of the woods, said one analyst.