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Crypto Pundit Reveals Why This Bitcoin Bull Market Feels Different As Crypto Enters ‘New Era’

  • Crypto analyst Luca discusses why the current Bitcoin bull market differs from previous cycles, labeling it a 'new era' with reduced retail investor interest.
  • In previous cycles, rising Bitcoin prices were accompanied by increased active addresses from retail investors, whereas now active addresses are declining.
  • The shift in the market is attributed to institutional players like Michael Saylor leading with larger holdings and less noise.
  • Institutional adoption is a key factor shaping this bull market, with companies like Semler Scientific and BlackRock's IBIT ETF demonstrating significant interest in Bitcoin.
  • Bloomberg's Eric Balchunas highlights how institutional adoption has stabilized the BTC price, with BlackRock's IBIT ETF contributing to market stability.
  • In the last 15 months, there has been a notable shift in ownership from retail investors to institutional players, leading to increased stability and decreased volatility.
  • Bitcoin is currently trading around $104,400.

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