Standard Chartered advises buying Bitcoin below $60,000 despite geopolitical uncertainty

Gino Matos

Standard Chartered believes Bitcoin’s (BTC) dip below the $60,000 level is “normal” and called the recent downturn a buying opportunity in an investor note shared with CryptoSlate on Oct. 3. According to the lender’s global head of digital assets research, Geoffrey Kendrick, Bitcoin is currently trading in an “interesting circularity” where geopolitical tensions are pushing […]

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Standard Chartered advises buying Bitcoin below $60,000 despite geopolitical uncertainty