On December 12, Grayscale's research division released a research note indicating signs of stabilization in the Bitcoin (BTC) market, suggesting that the recent bearish phase may be nearing its end. Despite short-term price fluctuations, the company maintains that Bitcoin adoption will continue to expand in the medium to long term. It cites three structural factors as the basis for this view.
Grayscale's head of research, Zach Pandl, highlighted...