Grayscale’s Head of Research, Zach Pandl, stated that Bitcoin’s low of approximately $58K around June 30 represented the bottom he anticipated for the current market downturn, and that Grayscale is currently advising clients to allocate capital to Bitcoin. Pandl noted that Grayscale’s analysis is based on three factors: long-term structural trends, the stage of the market cycle, and the macroeconomic environment. ______ This is information, not investment advice.
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