Crypto News

Losses for short-term Bitcoin holders over the past seven days have reached $2.3 billion, one of the largest since the 2021 crash, according to CryptoQuant. On-chain metrics do not yet confirm the formation of a structural bottom. At the same time, BTC has come close to the so-called undervaluation zone.

The crypto market is gradually laying the groundwork for a breakout from the bearish trend, according to Bitwise. The development of real asset tokenisation (RWA) and the influx of corporate investors into decentralised finance (DeFi) could be the main drivers of the cryptocurrency recovery.

Bitcoin investors should be patient, as the bullish trend will come later than expected, said Morgan Creek co-founder Anthony…