“We don’t have the typical drivers anymore that really brought prices from the $40,000 to the $70,000 region,” he said. The main reason behind this, he added, is the spot bitcoin ETFs, which have seen little to no new inflows over the past few weeks as investors have moved past the initial euphoria of the January launch.

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• Source: https://www.coindesk.com/markets/2024/04/18/bitcoin-halving-is-not-a-bullish-event-says-10x-research-analyst/?utm_medium=referral&utm_source=rss&utm_campaign=headlines