Schwab Network

Adam Lynch: Bitcoin Needs $80K Break to Reverse Crypto Slump


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Crypto markets are in risk-off mode as Bitcoin and Ethereum hit six-week lows and outflows pick up, including from BlackRock’s iShares Bitcoin Trust (IBIT). Adam Lynch points to geopolitical uncertainty but sees upside if U.S. regulation advances. For now, Bitcoin must reclaim $80,000 to shift momentum, with IPO activity and institutional flows still on hold.


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