Nansen emphasized the critical role of the United States in the next Bitcoin (BTC) bull run. The cryptocurrency market collapsed with the SEC's lawsuits against Coinbase and Binance, but it started to rebound when BlackRock filed for a Bitcoin ETF. Many analysts who previously believed the bear market would continue have now started to claim that the bull market has begun.
Nansen drew attention to the direction of the market and outlined the requirements for the next bull market. According to Nansen, low inflation and a clearer environment in the United States are crucial. Aurelie Barthere, a researcher at Nansen, pointed out that many global news and regulatory approaches have already influenced the pricing of cryptocurrencies. Barthere emphasized the importance of the United States in unveiling the Bitcoin bull run.
Nansen specifically addressed the regulatory situation in the United States because there hasn't been complete clarity yet. It seems that the SEC is causing issues with some matters it previously approved. Details from the Coinbase lawsuit are cited as an example of this.
Barthere highlighted the regulatory environment in the United States, stating that regulatory clarity is necessary for the next bull market. The Nansen researcher also noted the need for successful reduction of core inflation in the United States.