A New Cycle in the ETF Era: Traditional Finance Reshaping the Crypto Market
The collapse of MicroStrategy's valuation, the prediction of 84000, and the rebound of the altcoin index, when viewed together, indicate one issue— the Bitcoin market has already been profoundly altered by traditional finance.
We used to be accustomed to a four-year halving cycle, thinking everything could follow this rhythm. But now that ETFs have come in, and large institutions have entered, Bitcoin has become a high-beta risk asset, extremely sensitive to macro liquidity and interest rate expectations.
What does this mean? It means the market will become more rational, harsher, and more influenced by traditional financial factors. Analysts say this adjustment may not be completed until the summer of 2026, and this is not said lightly. Under the new market structure, we need a longer time to complete deleveraging and reaccumulation. For those who want to survive and make money in this cycle, it is essential to learn to adapt to this new normal.
A New Cycle in the ETF Era: Traditional Finance Reshaping the Crypto Market
The collapse of MicroStrategy's valuation, the prediction of 84000, and the rebound of the altcoin index, when viewed together, indicate one issue— the Bitcoin market has already been profoundly altered by traditional finance.
We used to be accustomed to a four-year halving cycle, thinking everything could follow this rhythm. But now that ETFs have come in, and large institutions have entered, Bitcoin has become a high-beta risk asset, extremely sensitive to macro liquidity and interest rate expectations.
What does this mean? It means the market will become more rational, harsher, and more influenced by traditional financial factors. Analysts say this adjustment may not be completed until the summer of 2026, and this is not said lightly. Under the new market structure, we need a longer time to complete deleveraging and reaccumulation. For those who want to survive and make money in this cycle, it is essential to learn to adapt to this new normal.
🚨 Bitcoin Is Not for Sale: Saylor Doubles Down on Accumulation
Strategy CEO Michael Saylor denied selling Bitcoin.
The declaration followed claims that the business dumped 43,415 BTC, panicking investors.
Saylor predicted that Bitcoin would outperform gold and the S&P 500 by year's end.
According to the Arkham Intelligence dashboard, Strategy CEO Michael Saylor denied selling any Bitcoin after rumors that the corporation shifted over 40,000 BTC across various wallets.
Strategy CEO reiterates treasury position despite market slump
Strategy CEO Michael Saylor disputed Friday allegations that the business sold 43,415 BTC worth $4.26 billion to over 100 addresses amid a dramatic crypto market collapse.
Arkham Intelligence data showed huge transactions and a reduction in monitored holdings, causing investor concern when Bitcoin went below $95,000. Arkham Intelligence said on-chain activity is likely custodian and wallet turnover, not sales.
Strategy has been transferring from Coinbase Custody to a new custodian for two weeks on Arkham. Arkham said that today's transfers may continue this rotation.
Strategy said that "on-chain movements do not mean that Strategy has sold their BTC." Such transfers might entail direct migrations to the new custodian, system tweaks, or Coinbase refreshes.
Strategy's dashboard showed holdings at 641,692 BTC, according to BitcoinTreasuries. Ever since 2020, the corporation has treated BTC as a main treasury reserve asset, adding to its hoard amid market falls.
The Strategy CEO also predicted Bitcoin's surge from its present price base. He predicted Bitcoin will surpass gold and the S&P 500 by 2025.
Strategy class MSTR fell 4.2% on Friday as Bitcoin briefly fell below $95,000 before recovering to $96,500.
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