Krutika Adani
Analyst Nicholas Sciberras considers a major crash might be in the making due to the rise of DeFi and challenges with Bitcoin’s security.
The analyst also considers Bitcoin Runes and Ordinals as spam
However, top traders consider the current dip as a healthy correction.
RealVision CEO Raoul Pal considers the dip as normal.
Analysts say the lacklustre performance of Bitcoin ETFs in Hong Kong can be attributed to inflated liquidity by Tether.