Bitcoin, altcoins sell-off as Fed chair switch-up, AI bubble fears spook markets

Bitcoin, altcoins sell-off as Fed chair switch-up, AI bubble fears spook markets

The crypto market has experienced a significant correction due to a change in the Fed chair pick and growing concerns about an AI bubble. US macroeconomic challenges are also contributing to the market correction, leading to a risk-off sentiment and high volatility.

‘The Best Years Are Definitely Ahead’ – Fundstrat’s Tom Lee Says Fundamentals Point to Long-Term Bullishness for Bitcoin and Crypto

‘The Best Years Are Definitely Ahead’ – Fundstrat’s Tom Lee Says Fundamentals Point to Long-Term Bullishness for Bitcoin and Crypto

Fundstrat’s Tom Lee reiterates his bullish stance on Bitcoin and cryptocurrency, citing fundamental market dynamics and the potential for widespread adoption as key drivers for long-term growth.