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Wall Street killed Bitcoin’s wild rallies: 10x’s Markus Thielen
Headline from Cointelegraph
Key points
- 10x Research founder Markus Thielen believes Wall Street involvement has muted Bitcoin's typical wild price rallies.
- While he sees Bitcoin potentially reaching $90,000 by the end of the year, he raised questions regarding current institutional demand through spot ETFs.
- Additionally, Thielen noted that Ethereum needs to provide increased value to its token holders moving forward.
Summarized automatically by Kryptokite from reporting by Cointelegraph. Read the original sources for full detail.
Coins mentioned
Sources
- CointelegraphWall Street killed Bitcoin’s wild rallies: 10x’s Markus Thielen · 4 hours agoRead on Cointelegraph
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