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Why This Bitcoin Rally Has Stronger Legs Than 2020-21 or 2017

Why This Bitcoin Rally Has Stronger Legs Than 2020-21 or 2017

Coindesk
Author:
Coindesk
Release Time:
2025-05-30 08:03:43
0

Two Ways This Bitcoin Bull Market is Sturdier Than 2020-21 and 2017

Forget déjà vu—this bull run’s backbone is built different. Two tectonic shifts separate it from past frenzies, and Wall Street’s latecomers are already fumbling their FOMO plays.

Institutional armor: Spot ETFs turned Bitcoin into a ‘respectable’ asset class—just in time for hedge funds to pretend they understood it all along.

Supply shock 2.0: With miners hodling post-halving and exchanges running on fumes, paper promises won’t cover this liquidity crunch. Cue the classic finance bro move: over-leverage and pray.

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