
Bitcoin could continue to consolidate under $65,200 in the near term – Bitfinex
The recent rally is likely driven by derivatives trading, which might prompt a consolidation period without significant spot volume.
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Castle Capital highlights the rise of platforms like Polymarket and Azuro and their impact on user engagement and transaction volumes.

Hougan believes that despite market doubts, Ethereum still leads in DeFi assets and institutional adoption, much like Microsoft's role in tech.

Sell-off after rate cuts, nearing resistance, and overall bullish indicators paint Bitcoin's landscape this week, according to analysts.

Top Bitcoin mining CEOs discuss future and energy solutions at HC Wainwright panel.

Despite current volatility, Bitwise CIO Matt Hougan anticipates a strong recovery for Bitcoin in the final quarter of the year.

The significant spike was primarily the result of the watchdog's enforcement actions against Terraform Labs and its co-founder Do Kwon.



