Bitcoin has faced intense selling pressure and uncertainty, with its price aggressively declining over the past few weeks. The ongoing trade war tensions and macroeconomic instability continue to weigh on financial markets, pushing both crypto and U.S. stocks lower. Despite strong fundamentals, including increased adoption and utility, Bitcoin has yet to reclaim key levels, leaving investors concerned about the potential for further downside.
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The filing could enhance mainstream adoption of Polkadot, signaling growing institutional interest in diverse crypto assets.
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