Bitcoin and cryptocurrency prices struggled to find direction in June after moving sharply lower through April and May.
image
The bitcoin price, down almost 50% from its peak of around $65,000 per bitcoin set in April, has managed to hold above the closely-watched $30,000 level—but has failed to make convincing gains.
hitting the market on July 18—something JPMorgan named as a downside risk for the bitcoin price—researchers at U.S. crypto exchange Kraken have predicted the looming Grayscale unlock could be "positive for the bitcoin price."
Sign up now for CryptoCodex—a free, daily newsletter for the crypto-curious that explains the world of bitcoin with brevity. Arriving in your inbox at 7am EDT every weekday
