Benjamin Cowen warns of another crypto downturn in Q3

Crypto analyst Benjamin Cowen said cryptocurrency prices have never been this cheap since 2010, but the market has not yet bottomed, according to BeInCrypto. Cowen said crypto was trading 62% below fair value and expected one more downturn in the third quarter amid seasonal factors and rising bond yields. Cowen added the next bear market would emerge within two to three weeks, and a cycle bottom would likely form around November before a new bull market begins.