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Tag: TradFi

Bitcoin Hits Cycle Low at ,000 as Standard Chartered Declares Crypto Winter Over

Bitcoin Hits Cycle Low at $59,000 as Standard Chartered Declares Crypto Winter Over

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Bitcoin reached a cycle low of approximately $59,375 before recovering to trade near $63,500, a 53% drawdown from its October 2025 all-time high of $126,000. Standard Chartered analyst Geoffrey Kendrick declared the “crypto winter” over, citing the SpaceX IPO and potential U.S.-Iran de-escalation as key catalysts. SpaceX completed its record $75 billion IPO at $135 per share, debuting with strong gains and indirect Bitcoin...

Bitcoin, Cryptocurrencies, ETF, Front page, News, TradFi

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Is SpaceX IPO Draining Bitcoin Liquidity.

Is SpaceX IPO Draining Bitcoin Liquidity?

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On June 12, 2026, SpaceX shares opened trading at $150 following its $75 billion IPO and merger with xAI. Elon Musk moved closer to becoming the world’s first trillionaire on paper. In crypto trading groups and institutional desks, the immediate question was not about rocket trajectories or AI model benchmarks. It was about capital: where would the money come from, and where would it go next? Early trading showed classic signs of capital...

Bitcoin, Cryptocurrencies, Main, TradFi

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