OPINION: Market Makers and Investors Optimistic About BTC's Medium-Term Outlook

Despite a broad sell-off in the crypto market following Mt. Gox's move to repay its creditors, which led to daily liquidations of more than $665 million, some market makers and investors remain optimistic about bitcoin's medium-term outlook, with GSR co-CEO and co-founder Rich Rosenblum stating there is still plenty of time for another all-time high before the end of the year.