via Bitcoin Magazine · By Bitcoin Magazine Editorial
Coinbase Executive: Massive Institutions Are Buying Bitcoin’s Crash
BTC/USDT
$10,490,728,643.48
$63,999.00 / $62,436.59
Change: $1,562.41 (2.50%)
+0.0039%
Longs pay
Bitcoin fell below $60,000 for the first time since October 2024 on Monday, sinking as low as $59,099 — a move that marks a decline of more than 50% from its all-time high near $126,000.
But according to John D’Agostino, Coinbase’s head of institutional strategy, the drop is being welcomed — not feared — by the most sophisticated players in the market.
Appearing on CNBC’s Squawk Box…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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