Coin-Turk 1 minute ago
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Recent trading activity has seen Bitcoin (BTC ($93,926.43)) 
$93,688 fluctuating between $90,000 and $95,000, sparking concerns about a potential downturn. Despite these worries, long-term investors view the current volatility as a chance to prepare for an upcoming rally. David Siemer, CEO of Wave Digital Assets, stated, “The likelihood of Bitcoin reaching $200,000 is high,” reinforcing this optimistic outlook.
New Cryptocurrency Regulations and the ETF Influence
Siemer highlighted that many countries are poised to take significant steps in favor of cryptocurrencies. He mentioned how the United States, Singapore, Japan, and various European nations are expected to implement new regulations that positively impact the markets. Notably, the success of spot Bitcoin ETFs in the U.S. is compelling global financial markets to diversify their cryptocurrenc…
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