Wendy O, founder and host of The O Show, commented on the recent downturn in Bitcoin’s price on the weekly chart, suggesting it spells trouble for altcoins.
Wendy O used emphatic language to highlight the dramatic move, indicating heightened concerns within the broader crypto market.
Wendy O has previously highlighted developments around Ripple, noting that XRP gained clarity as Ripple’s reported valuation reached $13 trillion. She has also reported on major Japanese banks, BlackRock Japan, and State Street joining blockchain-based JGB trading. The latest remarks on Bitcoin’s decline follow these earlier observations on institutional and regulatory activity in the crypto sector.
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