Anthony Pompliano Says Bitcoin’s Pullback May Be a “Healthy Bear Market” as Volatility Eases

Bitcoin has remained under pressure, falling more than 50% from its October peak last year and at one point dropping below $60,000. According to ChainCatcher, ProCap Financial Chairman and CEO Anthony Pompliano said the current downturn could be one of the “healthiest bear markets” in Bitcoin’s history and that the market bottom may be gradually approaching. Pompliano added that Bitcoin’s volatility appears to be declining as institutional investors continue to enter the market.