Investors Brace for Potential Market Downturn Amidst Bitcoin's Uncertain Future and Banking Crisis Predictions.
TL;DR Summary
Bitcoin's rally in March may be losing steam as investors predict a possible price correction. The cryptocurrency's price has been fluctuating between $55,000 and $60,000, and some analysts believe it could drop to $50,000 or lower. However, others remain optimistic about Bitcoin's long-term potential and see any dip as a buying opportunity.
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- Regular investors will dump stocks and buy Treasurys and money market funds, Goldman predicts. CNBC
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- Hedge-fund manager Dan Niles says banking crisis will get worse CNBC
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