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Why Bitcoin's Next Market Cycle May Look Very Different – BloFin CEO

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Why Bitcoin's Next Market Cycle May Look Very Different – BloFin CEO

Bitcoin is struggling around $80,000 as ETF demand swings and rising oil prices complicate the outlook for interest rates. Yet BloFin CEO Matt Hu believes the cryptocurrency’s future crashes could become less severe. Speaking to BeInCrypto at TOKEN2049 in Singapore earlier this month, Hu explained how traditional investors are changing Bitcoin, what could drive its The post Why Bitcoin's Next Market Cycle May Look Very Different – BloFin CEO appeared first on BeInCrypto.

Key Takeaways

  1. Bitcoin is struggling around $80,000 as ETF demand swings and rising oil prices complicate the outlook for interest rates.
  2. Yet BloFin CEO Matt Hu believes the cryptocurrency’s future crashes could become less severe.
  3. Speaking to BeInCrypto at TOKEN2049 in Singapore earlier this month, Hu explained how traditional investors are changing Bitcoin, what could drive its The post Why Bitcoin's Next Market Cycle May Look Very Different – BloFin CEO appeared first on BeInCrypto.
Read Full Article on BeInCrypto

Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.