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Bitcoin Bullish Q4 Narrative Fueled By FTX Repayment Developments: Report

  • Bitcoin price could benefit from developments in the FTX bankruptcy saga.
  • Recent developments in the FTX estate creditor repayment process could help Bitcoin maintain its bullish price momentum in Q4 2024.
  • Creditor payouts are expected to start rolling out in the latter half of Q4 2024 and continue into early Q1 2025.
  • Approximately $2.4 billion of the remaining $8 billion could potentially re-enter the markets, having a relatively muted impact on the overall crypto market.

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