Bitcoin’s rally is driven by institutional ETF investments, not economic stimulus, and the broader bull market has not started. A true bull market may begin when the Federal Reserve signals monetary easing, making this a key accumulation phase. The cryptocurrency market saw a major Bitcoin price increase in 2023 through institutional investments rather than standard […]
Venture capitalist Chris Burniske says that the current dip in digital assets is typical of any bull market cycle. In a post on the social media platform X, Burniske, the former head of crypto at Cathie Wood’s ARK Invest and current partner at Placeholder, points out other corrections in the 2021 bull market cycle that […]