Bitfinex: Bitcoin price may have bottomed out and started to stabilize
2024-07-09 14:24:24
Analysts at Bitfinex say bitcoin may have bottomed out, with the derivatives market indicating that the digital asset's price is starting to stabilise. Price volatility has started to diminish as "the spread between implied and historical volatility has narrowed by almost 90 per cent, indicating that traders expect bitcoin prices to remain within range and stabilise".
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