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Grayscale Sees Three Forces Capable of Supporting Bitcoin Adoption Despite the Bear Market

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Illustration of Bitcoin adoption involving financial institutions, investors and a bearish market.

The decline in prices would not be enough to stop bitcoin adoption. This is the finding presented on August 12 by Zach Pandl, research director at Grayscale. According to him, several trends far exceed the movements of a market cycle. Public deficits, the rise of blockchain in finance, and the evolution of generational portfolios could thus support demand in the medium and long term. This analysis does not predict an automatic price increase but highlights structural factors capable of continuing their progress despite instability.

L’article Grayscale Sees Three Forces Capable of Supporting Bitcoin Adoption Despite the Bear Market est apparu en premier sur Cointribune.

2h ago
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