Major incidents impacted Bitcoin this year, Quinten Francois notes

Major incidents impacted Bitcoin this year, Quinten Francois notes
Bitcoin faces notable events and incidents

A series of notable events have affected the cryptocurrency sector this year, including ongoing conflict involving Iran, the CLARITY Act being blocked, the first Federal Reserve rate hike in three years, U.S. Treasury yields reaching 19-year highs, Strategy selling 6,916 BTC, an exploitation of COLDCARD wallets, and issues concerning Ledger reseller devices.

Quinten Francois referenced these developments in response to suggestions that Bitcoin would collapse following the next black swan event.

Quinten Francois has previously argued that a steep decline in price, such as being down 90 percent, does not automatically render a cryptocurrency undervalued, as detailed in an earlier commentary. He has also highlighted the potential for a Chainlink and DTCC pilot to unlock $50 trillion in assets and increase blockchain efficiency, according to another report. Francois continues to comment on market developments and related technological advances.

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