Bitcoin may have bottomed before its traditional cycle low: Grayscale’s Pandl

According to Cointelegraph, Grayscale's head of research, Zach Pandl, has suggested that Bitcoin may have reached its lowest point earlier than expected, influenced by macroeconomic factors like interest rate decisions. He pointed out that if the Federal Reserve pauses rate hikes, Bitcoin's price might already have stabilized. Despite this optimistic outlook, regulatory uncertainties could still impact Bitcoin's future pricing trends. 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.