Bitcoin Lacks 'Fundamental Narrative' To Draw Investors, Says Jordi Visser — Macro Guru Argues Most Will Favor Biggest 'Liquid Companies' Over BTC
What Other Analysts Say
Visser’s comments followed Bitcoin's sharp sell-off last week when it narrowly avoided sinking below $60,000. The apex cryptocurrency has since rebounded to above $70,000, but remains 43% below its all-time highs.
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The crash rattled investors, erasing more than $2 trillion from the global crypto market since its early October peak.
Matthew Sigel, head of digital asset research at VanEck, stated that the selloff wasn’t driven by a single trigger but by a combination of factors, including collapsing leverage, AI hype unravelling and quantum computing risks.
However, Bitwise CIO Matt Hougan projected that a deep, prolonged crash like the 2022 cryptocurrency winter is unlikely even if volatility persists.
Photo: Memory Stockphoto / Shutterstock
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