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.