Bitcoin 'Feels Oversold,' Expert Says: What Could Take It Back to $70,000?
Bitcoin (CRYPTO: BTC) is showing early signs of separating from equities as crypto infrastructure, tokenization and institutional access lay the foundation for the market’s next growth cycle. In an interview with Scott Melker on July 30, 21Shares co-founder Ophelia Snyder said Bitcoin’s muted reaction to a hawkish Federal Reserve meeting could indicate that it has absorbed much of the selling pressure from nervous investors.