CoinDesk·4 min read·hard

Crypto faces 3 barriers to next bull run, STS Digital CEO says

W
Will Canny
Crypto faces 3 barriers to next bull run, STS Digital CEO says
AI Summary

STS Digital CEO Joe Seiler identifies institutional adoption, competition from AI, and regulatory delays as the three primary barriers to a new crypto bull market. He notes that while blockchain is being integrated into traditional finance, it is not necessarily benefiting individual token holders.

Bitcoin BTC $ 63,836.02 , the largest cryptocurrency, has struggled in recent months despite record institutional adoption of blockchain, dropping more than 25% this year. Seiler argued that markets have yet to fully price in the rapid integration of the technology across traditional finance.

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