Cryptocurrency valuations staged a modest recovery this week as investor appetite for digital assets returned after the recent market crash.
In a silver lining to the correction, the $19 billion liquidation event may be seen as a buying opportunity by investors, a dynamic that could fuel Bitcoin’s ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/bitcoin-price”>BTC) rise above $200,000 before the end of the year, according to Standard Chartered’s global head of digital assets research, Geoff Kendrick.
However, a data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/bitcoin-etf-inflows-risks-btc-price-level-bitfinex-analysts”>lack of inflows from the US spot Bitcoin exchange-traded funds (ETFs) continues to limit Bitcoin’s…
