Grayscale Research has made a bold prediction for Bitcoin, suggesting that the cryptocurrency could be on track to retest its all-time high by the end of 2024. This forecast comes amidst a period of significant market fluctuations, with Bitcoin showing resilience despite broader economic uncertainties.

Market Stabilization Amidst Recent Volatility

The cryptocurrency market, alongside traditional financial markets, has begun to stabilize following notable declines between August 2 and August 5.&middot

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