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The Nexus
BUSINESSJun 4 · 13:50 UTCBITCOIN MAGAZINEMicah Zimmerman

Standard Chartered Sees Bitcoin Bottom ‘Almost In’ as Sell-Off Cuts 14% in Seven Days

Standard Chartered's Geoff Kendrick suggests Bitcoin's bear market may be nearing its end despite a 14% seven-day price drop. The decline followed a surprise Bitcoin sale by Strategy to fund dividends, triggering market sell-offs and ETF outflows. Kendrick cites historical precedents and ETF resilience as potential floor indicators.

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