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Bitcoin Slips Below $93K as Crypto Weakness Worsens, but Local Bottom Could Be Near, Analysts Say
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The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 10, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto
The largest cryptocurrency extended its rally, pushing related equities higher as well.
Arca’s Jeff Dorman says most digital assets are still deep in the red this year, making 2025 look more like a selective rally than a true bull market.
Without significant expansion, the new wave of stablecoin launches may simply redistribute market share rather than grow the pie, said the bank.