Coinbase: Optimistic Outlook For Bitcoin & other Tokens In Q2 2024
![Coinbase: Optimistic Outlook For Bitcoin & other Tokens In Q2 2024](https://internetsecuritycentral.com/wp-content/uploads/2024/04/24707-coinbase-optimistic-outlook-for-bitcoin-other-tokens-in-q2-2024-1024x536.jpg)
Coinbase analysts have observed a significant reduction in downward pressure on Bitcoin as the FTX bankruptcy estate sold off its large GBTC holdings. The anticipated Fed’s monetary easing cycle starting on May 1 and the conclusion of the balance sheet reduction program initiated in June are expected to provide support for Bitcoin and other tokens [……
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