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Bluntz, a well-known anonymous cryptocurrency analyst, has made a prediction about where and how the overall cryptocurrency market could bottom out in this cycle.
A recent downturn in the cryptocurrency market has resulted in double-digit losses for investors. However, this chaos could present opportunities, as past downturns have often been followed by rapid recoveries and substantial gains in altcoins. The latest report from Santiment suggests caution.
Get the latest updates on the cryptocurrency market, including Bitcoin and altcoins. Stay informed about the price movements and market trends.
CoinShares, Europe's largest digital asset management company, reported a net inflow of $136 million into digital asset products, with Bitcoin receiving the most investment.
Following the SEC's actions against cryptocurrency exchanges, there have been significant drops in cryptocurrency prices. ADA, SOL, and MATIC have been particularly affected.