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The Block (@TheBlockCo): THE BLOCK: Grayscale's Zach Pandl says he still believes bitcoin $BTC bottomed at $58,000 in late June, though "time will tell."

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THE BLOCK: Grayscale's Zach Pandl says he still believes bitcoin $BTC bottomed at $58,000 in late June, though "time will tell." He said the firm is giving clients the "green light" to allocate to crypto, citing long-term adoption trends, the market cycle, and the macro outlook.

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