Standard Chartered: Bitcoin is expected to rebound to $88,500 this week
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Bank of Standard Chartered created a hypothetical "Mag7B" index last week, exchanging Tesla for Bitcoin. Now the bank refers to Bitcoin as a "strongman" because it performed better than most tech stocks during recent market sell-offs. The bank suggests "HODL" for this cryptocurrency, stating that Bitcoin's resilience might bring it back to $88,500 by the end of this week. ()
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