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Cointelegraph by Ciaran Lyons

Bullish CEO Tom Farley sees crypto mergers ahead as Bitcoin nearly 45% below October peak

Bullish CEO Tom Farley said in a CNBC interview that the crypto sector is set for large‑scale consolidation, with bigger players acquiring smaller projects. He argued the recent market slide has reset expectations, noting Bitcoin is nearly 45% below its October all‑time high and around $69,405 at publication. Farley added many firms will need to merge and scale.
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