Crypto market maker Wintermute cautioned that Bitcoin’s recent rebound from the low-$60,000s does not yet confirm a lasting market bottom. According to the firm, key indicators including ETF flows, stablecoin activity, and digital asset trading (DAT) flows have yet to show a clear reversal in trend. Wintermute expects Bitcoin to remain volatile amid typically thin summer trading conditions and warned that prices could still fall into the $50,000 range. The firm said the most important signal for a stronger recovery will be the sustained return of ETF and stablecoin inflows, which would indicate renewed investor demand and broader market strength.
The post Wintermute Warns Bitcoin Could Still Drop Into $50,000 Range appeared first on Coinpedia Fintech News Crypto market maker Wintermute cautioned that BitcoinThe post Wintermute Warns Bitcoin Could Still Drop Into $50,000 Range appeared first on Coinpedia Fintech News Crypto market maker Wintermute cautioned that Bitcoin
Wintermute Warns Bitcoin Could Still Drop Into $50,000 Range
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