Bitcoin is entering a much more “mature era” that is healthy for the asset and will see attention returning, according to Galaxy Digital’s Alex Thorn.
Optimism around Bitcoin was far stronger at the start of the year, but it may not be long before the cryptocurrency regains that same level of hype, according to Galaxy Digital’s head of research, Alex Thorn.
“Attention will come back to Bitcoin, it always does,” Thorn said during an interview with CNBC on Friday, emphasizing that “Bitcoin was the hottest trade of the year at the start of the year” after Donald Trump’s win in the US presidential election.
Thorn said investors have turned their attention toward areas like AI, nuclear energy, quantum technology, and gold. “There were a lot of other places to get gains this year that impeded the allocation to Bitcoin,” he said.
