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Crypto Corner: Gauging Bitcoin's New Bottom, Institutional Pros & Cons
Description
Charles Schwab's Adam Lynch returns to this week's Crypto Corner to explain why some traders see a bottom forming in Bitcoin. He compares commentary from prominent crypto traders to blockchain bears in weighing both sides of the argument. Adam points to JPMorgan Chase's (JPM) increased institutional adoption as a positive for the space for a variety of reasons, the leading of which being what he considers a "structural trend." A risk he touches on later on: BlockFills filing for Chapter 11 bankruptcy despite its institutional exposure.
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