Bitcoin Cuts in Half from Peak, but Analyst Says This Correction Could Be 'One of the Healthiest Bear Markets'

Odaily报道: Despite Bitcoin's continued pressure in recent times, with a drop of over 50% from its October high and the price briefly falling below the $60,000 mark, Anthony Pompliano, Chairman and CEO of ProCap Financial, stated that this correction could be "one of the healthiest bear markets" in Bitcoin's history, and that the market bottom may be gradually approaching. He believes that as institutional investors continue to enter the market, Bitcoin's volatility is steadily decreasing.