TechFlow reports that the price of Bitcoin is expected to continue fluctuating between $55,000 and $75,000 next month, with a potential rebound by the end of the second quarter.
Mike Novogratz, founder and CEO of Galaxy Digital, said during the company's first-quarter earnings conference call that the cryptocurrency market is currently in an "consolidation phase," and predicted prices would rebound by the end of this quarter. Bitcoin has dropped 16.5% since reaching a new all-time high of $73,700 on March 13.
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