Key Takeaways

• Wintermute says Bitcoin could still fall to $50,000.

• Standard Chartered declares ‘Crypto Spring’.

• Macro uncertainty continues to weigh on crypto.

Bitcoin’s price could still fall into the $50,000 range despite signs of improving conditions and growing optimism around digital assets, according to crypto market maker Wintermute.

Warning investors against assuming the market has already bottomed, the firm urged them not to confuse improving sentiment with a full market bottom.

The comments come as famed bank Standard Chartered announced that Crypto Spring had arrived, following earlier predictions from figureheads, even as prices continue to falter.

Wintermute Warns Bitcoin Price May Hit $50,000

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