Jeff Park is the Partner and Chief Investment Officer at ProCap BTC. In this conversation, we dive into the current bitcoin market cycle — why price sentiment has shifted, whether younger investors are losing interest, and where the next wave of buyers could come from. Jeff also breaks down how both macro forces like interest rates and micro market dynamics are influencing bitcoin’s trajectory, and reacts to Scott Bessent’s viral tweet that might signal a turning point for crypto markets.

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Timestamps:

• 0:00 - Intro
• 2:05 - Why is bitcoin’s price doing down?
• 10:17 - Competing trends: AI, prediction markets, and other investments
• 15:36 - How millennials and Gen Z view the financial system differently
• 21:31 - Has bitcoin been co-opted by Wall Street or politics?
• 26:09 - Scott Bessent’s bitcoin tweet and the search for young voices in crypto
• 30:38 - Does bitcoin’s price make it psychologically less appealing?
• 33:58 - What would it take for bitcoin to make new highs again?
• 35:14 - Is Jeff still bullish on bitcoin’s long-term future?