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Today in crypto: Anthony Pompliano says Bitcoin’s dampened price means it won’t crash next year, the International Monetary Fund pressed El Salvador to sell its Chivo Bitcoin wallet and Ether ETFs snapped an outflow streak as XRP products logged their best day since early December.
The lack of an exciting year-end price rally for Bitcoin (BTC) may prevent a significant crash in the first quarter of next year, Anthony Pompliano said on Tuesday.
“Given where the volatility is right now, it would be very surprising that Bitcoin’s volatility has drastically compressed and yet still could get a 70% or 80% drawdown,” Pompliano said.
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Author: Cointelegraph
