BUSINESSTHE BLOCK
Bitwise says bitcoin’s ‘floor is rising’ despite AI boom and regulatory delays
Bitwise claims Bitcoin's 'floor is rising' as institutions purchase during the bear market dip, while larger investors await regulatory clarity. The article notes the AI boom and regulatory delays as factors influencing market dynamics.
Related Signal
Adjacent reporting
- Bulls want bitcoin back above $80,000. Macro says not so fast.
- It's not just bitcoin ETFs. Corporate BTC buying has dried up too
- CryptoQuant says bitcoin profit-taking could increase further amid ‘bear market rally’
- Bitcoin Price Surge Signals Bullish Trend as On-Chain Metrics Flash Gains
- Why bitcoin's disconnect from record-high stocks won't last
- CryptoQuant says bitcoin’s April price surge was ‘speculative’ as spot demand remains weak, warns of correction risk