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MEXC CEO Vugar Usi Zade said Bitcoin has moved out of a bear market and into a sustainable upswing, supported by rising confidence and adoption among institutional investors.
In an interview with AMB Crypto, Zade said this cycle is completely different from earlier, more speculative ones and that institutional acceptance is strengthening Bitcoin’s foundation. If institutional demand remains high and overall economic conditions improve, Bitcoin could see a stronger recovery, Zade added.