Bitcoin’s Quiet IPO: The Evolution of the Crypto Market

While global markets are bustling with activity, with the S&P 500 nearing record highs and technology stocks advancing, the cryptocurrency world stands in stark contrast with its uncharacteristic silence. The question on everyone’s mind is: why isn’t Bitcoin riding the current wave of risk-on sentiment?

A New Perspective on Bitcoin’s Movement

According to Wall Street veteran Jordi Visser, instead of seeing Bitcoin as stagnant, it might make more sense to view its current phase akin to a traditional Initial Public Offering (IPO). Bitcoin’s old guard, the long-time holders, are seemingly passing the baton to institutions and long-term investors in what can be considered a