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Experts See Positives in Bitcoin’s $1 Trillion Market Cap Collapse
Bitcoin is experiencing its worst sell-off since the collapse of FTX, losing nearly half of its value. Its market capitalization has fallen by more than $1 trillion. However, despite panic sentiment, experts see hidden positives in the “institutional ruins,” reports Bloomberg.
Unlike the 2022 crypto winter, when the crash was accompanied by bankruptcies of giants such as FTX, Celsius Network, and Three Arrows Capital, this time the infrastructure has held up. Exchanges continue to operate, and the largest U.S. banks are not retreating but are accelerating the launch of crypto products.
“Nothing is broken, there are no skeletons in the closet,” said Gautam Chhugani of Bernstein, forecasting Bitcoin to reach $150,000 in 2026.
Although headlines highlight outflows from spot Bitcoin ETFs, the actual figures suggest otherwise. Since their launch in 2024, the funds have attracted tens of billions of dollars, while the recent outflow amounts to only about 6% of total assets.
Bulls point to several factors that could trigger a sharp rebound. Public companies and ETFs control nearly 12% of all bitcoins. These are considered “strong hands” that are unlikely to sell during downturns.
Moreover, the infrastructure is ready. Once sentiment shifts, banks and brokers will be able to provide instant access to crypto purchases for millions of clients — something that was not available in previous cycles.
The market is currently in a depressed state, with nearly 45% of crypto holders at a loss. However, the infrastructure that collapsed last time is now not only intact but expanding. Investors are betting that this foundation will prove more important than current price charts.
See also: "Why did Bitcoin and altcoins rise in price, and will the growth continue? Expert opinions"
