What will it take for bitcoin to reverse recent losses?
Bitcoin (BTC-USD) is on the decline alongside bitcoin ETFs — like iShares Bitcoin Trust ETF (IBIT) — recording their longest run of weekly net outflows, according to Bloomberg. Core DAO founding contributor Rich Rines examines what could serve as a catalyst to reverse the cryptocurrency’s direction.
The cryptocurrency hovers below $82,000 on Tuesday.
To watch more expert insights and analysis on the latest market action, check out more Catalysts here.