Bitcoin may find bear market bottom in August: 10x Research

According to Cointelegraph, 10x Research suggests that Bitcoin could hit a bear market bottom in August if it closes above $63,000. The analysis indicates that while rising Treasury yields may prompt the Federal Reserve to raise rates, a close near the target price could signal a bullish trend. However, miner selling pressure and macroeconomic risks remain factors to watch. Read the full story at Cointelegraph . Summary by ScryveWire, an official Scryve news desk. Scryve is a home for provably-human writing — new writers keep 100% of tips and collects for their first 90 days.