After stabilizing above $20,000 following the summer’s wipeout, Bitcoin is looking ready for its next step as markets focus on regulation, institutional adoption, and the next halving, according to 3iQ, which is the first regulated digital asset investment fund manager in Canada. Even though Bitcoin got caught up in the contagion risk of the DeFi space, tumbling from its record high of $60,000 posted last year down to below $18,000 this summer, the world’s largest cryptocurrency is currently trading just below $24,000. And many analysts and market participants are starting to agree that the price bottom for Bitcoin
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