The recent decline in traditional stock markets, particularly in the AI sector, raised concerns about a possible burst of the AI bubble. This led to a drop in the price of Bitcoin initially, but it later recovered above $100,000. However, the potential further growth of the Dollar Index may prevent a short-term restart of the bull run for Bitcoin. Despite this, there is hope for investors as the yield on US 10-year government bonds has fallen, indicating a possible flow of capital into risk-on assets like Bitcoin. The situation remains uncertain in the short term, but a recovery of the bull run could be possible if the Dollar Index decreases.
Content Editor ( en.cryptonomist.ch )
- 2025-01-28
Positive forecasts for Bitcoin: optimism returns
