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Bitcoin has experienced a significant decline, along with bitcoin ETFs, which have seen over $5 billion in net outflows recently. Core DAO contributor Rich Rines discusses potential catalysts for a recovery, noting that uncertainty surrounding U.S. cryptocurrency policy could affect market confidence. He suggests that as macroeconomic factors stabilize and regulatory clarity improves, Bitcoin buying may increase. The market is currently in a phase of accumulation, and the traditional four-year cycle may be shifting, potentially pushing significant growth to 2026.
Source: YAHOO