Bitcoin Bull Run Starts Amid Increased Institutional Demand

Matt Hougan, CIO of Bitwise Asset Management, states Bitcoin’s bull run is just starting, reflecting institutional demand and macroeconomic issues prompting investor interest.

This initiation possibly heralds a crypto market shift, suggesting changes for Bitcoin and underperforming altcoins.

Institutional Demand Drives Bitcoin Over $8B Inflows

Matt Hougan, CIO at Bitwise, highlights a new Bitcoin bull run driven by increased institutional demand. Bitcoin ETFs witnessed inflows exceeding $8 billion in the past month.

Chief Investment Officer Matt Hougan notes institutional investors like Strategy and Metaplanet are extensively purchasing Bitcoin. The increased government participation also impacts market dynamics significantly.

Bitcoin Investment Shores Up Macroeconomic Concerns

Bitcoin’s rise affects investment portfolios and strengthens Bitcoin’s position as “digital gold”. Altcoins such as Ethereum and Solana lag yet remain viable long-term investments.

Increased Bitcoin investment influences the crypto regulatory landscape. Macroeconomic instability and U.S. budget concerns further shift investments toward cryptos, impacting global economic policies.

Historical Patterns Show Bitcoin Leading Market Trends

Historically, Bitcoin bull runs commence with institutional buying followed by altcoin rallies. Previous patterns show Bitcoin leading in setting market trends.

Expectations indicate altcoins may follow Bitcoin’s rise, traditionally seeing market rallies in subsequent phases. Historical data suggests this trend in past crypto cycles.

Matt Hougan, Chief Investment Officer, Bitwise Asset Management, stated: “This is not the peak—this is the kickoff,” emphasizing that the Bitcoin bull run is just beginning, driven by institutional demand and global macro pressures.