Bitcoin unlikely to replicate January’s surge to new high: 21Shares founder
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Bitcoin’s downturn has barely anything to do with “anything crypto specific,” but it’s unlikely to surge early next year, says 21Shares co-founder Ophelia Snyder.
Current market conditions will make it difficult for Bitcoin to replicate its early 2025 price gains going into 2026, says 21Shares co-founder Ophelia Snyder.
“It’s unlikely that the factors driving the current volatility will fully resolve in the short term,” Snyder told Cointelegraph.“A repeat performance next January will depend heavily on broader market sentiment.”
Snyder explained that January often sees “renewed inflows” into Bitcoin (BTC) exchange-traded funds as investors rebalance and reposition portfolios at the start of the year.
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