Bitcoin hit bottom at $59,000 marking end to the crypto winter, says Standard Chartered analyst

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Bitcoin has reportedly hit its bottom at $59,000, marking the end of the crypto winter, according to Standard Chartered analyst Geoffrey Kendrick. He cites the SpaceX IPO and a potential U.S.-Iran peace deal as dual catalysts ending the recent crypto selloff, which could lead to a rebound in the market, potentially boosting investor confidence and driving prices upward.