Deutsche Bank Cites Macro and Structural Pressures in Bitcoin’s Slide Below $60,000
Germany’s largest financial institution, Deutsche Bank, has weighed in on Bitcoin’s recent price decline below the $60,000 threshold, attributing the drop to a confluence of macroeconomic headwinds and structural market shifts. In a note covered by CoinDesk, the bank’s analysts outlined several interconnected factors pressuring the world’s largest cryptocurrency.