Current BTC cycle differs from past due to corporate buying, says analyst

The current Bitcoin cycle is showing a different trend compared to previous ones, according to a new analysis. Pierre Rochard of the Bitcoin Bond Company noted that while BTC plunged between 77% and 85% during the bear markets of 2015, 2018, and 2022, the current correction has been relatively limited, Cointelegraph reported. He attributed this to cumulative net inflows into U.S. spot ETFs exceeding $59 billion and continued BTC accumulation by companies like Strategy. Other analysts also point to the Nasdaq reaching a new high, the vote on the U.S. CLARITY Act, and discussions around strategic BTC reserves as factors driving changes in the market structure.