Coinbase: Bitcoin may rebound in Q3, and its ability to resist macro market headwinds is increasing
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Planet Daily News: Coinbase noted in its monthly market assessment report that Bitcoin's resilience against macroeconomic headwinds is increasing compared to traditional financial markets, with relatively smaller declines. Although the cryptocurrency market is currently in a bear market, it may experience a rebound in the third quarter. However, Coinbase researchers suggest that the cyclical prospects in the digital asset field remain challenging and recommend maintaining caution in the next four to six weeks. As Bitcoin's role as a store of value continues to strengthen, a comprehensive assessment of the overall market activity of cryptocurrencies is needed to better define the bull and bear markets for this asset class. (Cointelegraph)
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