Further downside is expected, but multiple data points suggest Bitcoin is undervalued By Cointelegraph
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The outlook across the cryptocurrency ecosystem continue to dim as the sharp downtrend that was initially sparked by the collapse of now appears to have claimed the Singapore-based crypto venture capital firm Three Arrows Capital (3AC) as its next victim.
As large crypto projects and investment firms begin to collapse on a weekly basis, the prospect of a long, drawn out bear market is a reality investors are beginning to accept.
Continue Reading on Coin Telegraph
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The outlook across the cryptocurrency ecosystem continue to dim as the sharp downtrend that was initially sparked by the collapse of now appears to have claimed the Singapore-based crypto venture capital firm Three Arrows Capital (3AC) as its next victim.
As large crypto projects and investment firms begin to collapse on a weekly basis, the prospect of a long, drawn out bear market is a reality investors are beginning to accept.
Continue Reading on Coin Telegraph