Summary
- Galaxy Digital said that despite the recent correction in the virtual asset market, the structural bull market is being maintained.
- Alex Thorn said that AI, stablecoins, and tokenization are the main momentum drivers that will lead the next cryptocurrency rally.
- It said that despite short-term concerns about weakening liquidity, it maintains a positive outlook for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).
Although the virtual asset (cryptocurrency) market has recently entered a correction phase, analysis said that the structural bull market is still in effect.
On the 19th (local time), according to Cointelegraph, Alex Thorn, head of research at Galaxy Digital, said, "Since the 10th, investors' risk aversion has strengthened, but the structural bullish trend is being maintained," adding, "AI, stablecoins, and tokenization are the three key momentum drivers that will lead the next rally."
He said, "AI investment is capital expenditure centered on the real economy, and, combined with government policy support, will form long-term growth," and, "the spread of stablecoins will strengthen liquidity, and the tokenization of real assets will expand blockchain demand."
He added, "In the short term, attention should be paid to weakening liquidity, but the structural bullish trend is being maintained," and maintained a positive outlook for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![[Market] Bitcoin falls below $82,000...$320 million liquidated over the past hour](https://media.bloomingbit.io/PROD/news/93660260-0bc7-402a-bf2a-b4a42b9388aa.webp?w=250)
