Max Keiser, a prominent figure in the cryptocurrency space, has announced that the October Bitcoin sell-off has concluded, attributing the downturn to stablecoin printing errors rather than broader economic factors. This comes as market data indicates a resurgence in buyer interest following a decline in seller activity.
In related developments, MicroStrategy CEO Michael Saylor addressed concerns regarding the company's operations amid MSCI index issues. Notably, the trading volume of Bitcoin-backed credit tools has skyrocketed from $1.2 million to over $13 billion weekly, underscoring Bitcoin's increasing significance in structural financing. Analysts anticipate continued institutional accumulation of Bitcoin, with a bullish trend potentially emerging in 2025.
Max Keiser Declares Bitcoin Sell-Off Over, Saylor Highlights Resilience
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