Jefferies Sees No Clear Bottom as Crypto Weakness Persists

Jefferies analysts say recent price stabilization in crypto should not be mistaken for a confirmed market bottom, even as Bitcoin and Ethereum trade near levels that have historically attracted dip-buying. In their view, the current drawdown reflects broad institutional de-risking and global risk aversion rather than any breakdown in blockchain fundamentals. source: https://www.ethnews.com/jefferies-sees-no-clear-bottom-as-crypto-weakness-persists/