“While sellers on the margin appear to be derisking, there has also been opportunistic buying between $60,000-62,000 levels,” Coinbase Institutional research analyst David Han said in a Friday report. “We think this directional uncertainty speaks to our thesis of bitcoin’s divergent roles both as a risk and a safe haven asset,” he added.
Dogecoin's 11% Drop Leads Losses in Crypto Majors as Bitcoin Sours Festive Mood
December 21, 2024
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