Schwab Network

Crypto Corner: Bitcoin's TradFi & DeFi Divergence, Hyperliquid's Momentum


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People who have been in the crypto industry for years are more bearish than ever, while people just entering the space are more bullish than ever, says Charles Schwab's Jim Ferraioli. He explains why this divergence is widening in the DeFi and TradFi spaces. Jim then turns to Hyperliquid and what its rally indicates while Bitcoin remains in a bear market. However, he sees $60,000 as the new bottom for Bitcoin.


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