Not one, but several overlapping headwinds are hitting the crypto market at once, weighing on bitcoin's price, the firm's head of research Greg Cipolaro said. Bitcoin's weakness stems from multiple converging headwinds rather than a single catalyst, NYDIG's Greg Cipolaro said in a report. AI momentum, high-profile tech IPOs, quantum and security fears, sanctions on Iranian crypto exchanges and Strategy's BTC sale all played a role in the selloff, he said. Onchain metric…
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