As per Bitcoinist, Fidelity’s Global Macro Director, Jurrien Timmer, has described the recent Bitcoin price decline as a necessary correction that clears out speculative excess and restores market discipline. The price has dropped 11.8% over the past two weeks, but Timmer argues this is a structural reset rather than a crisis, aligning Bitcoin more closely with real-world adoption and utility.
Fidelity Strategist Views Bitcoin Price Correction as Healthy Market Reset
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