Prognostications about Bitcoin’s demise have long been a familiar refrain in the world of cryptocurrencies. Throughout the past decade, countless declarations of “Bitcoin’s death” have surfaced, yet the ongoing crypto winter has witnessed a notable absence of such pessimistic pronouncements.
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This time around, the narrative appears somewhat distinct. It is perhaps challenging to craft an obituary for Bitcoin (BTC) when it maintains a price point of approximately $28,000 and the promise of a forthcoming spot Bitcoin ETF. Ethereum, too, defies obsolescence.
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The resilience of NFTs and cryptocurrencies in the face of skepticism continues to defy expectations.
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