CoinVoice has recently learned that according to The Block, Bitwise CIO Matt Hougan said that all the current selling pressure adverse factors are one-time sales, causing a short-term liquidity shock, and the seasonal period of low liquidity in cryptocurrencies is about to end.
In contrast, Bitcoin spot ETF inflows, Bitcoin halving, shifting political attitudes towards Ethereum spot ETFs, and the prospect of Fed rate cuts all create a better long-term environment for cryptocurrencies. Coupled with strong growth in the stablecoin market, Layer 2 development, and increasing involvement of institutions such as BlackRock in the field, the right combination of developments in the second half of the year could easily push Bitcoin to $100,000 and push ETH to a new all-time high. [Original link]
