Sathvik Vishwanath, Co-Founder & CEO, Unocoin said, "Bitcoin's Market Value to Realized Value (MVRV) falling below its 365-day moving average may indicate potential further declines or a bear market, as has been the case in past declines. Short holders bore the brunt of the recent market crash, realizing 97% of losses. At the same time, the inflow of stablecoins on exchanges increased by almost $2 billion, indicating that investors are buying the dip significantly. With unemployment rising and recent comments from Federal Reserve officials, a rate cut in September seems likely. Such a move could boost risk assets such as bitcoin following recent rate cuts by other major central banks. The coming week will be crucial as Bitcoin tries to recover from its significant decline. XDC network (XDC/INR) will be available for Indian traders at unocoin crypto exchange starting from today ."