Crypto

Traders Predict More Pain for Bitcoin and Ethereum After Monthly Drops Above 20%

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In brief

  • Prediction market traders think Bitcoin and Ethereum are headed even lower as markets sell off.
  • Traders now strongly favor dumps to $55,000 for BTC and $1,500 for ETH before any rebounds.
  • The market’s near-term fate may hinge on the performance of STRC, the preferred equity offering…

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