Svmuu reports that Dragonfly partner Haseeb Qureshi stated that retail investors have largely withdrawn from the current crypto market, with institutions forming the market floor and supporting Bitcoin's price. He pointed out that Bitcoin is being viewed as a mature asset with sustained growth potential over the next 15 to 20 years, while altcoins need a clear narrative to regain retail interest.
He also noted that the core of the crypto industry remains centered on money and financial applications, with areas such as DeFi, stablecoins, exchanges, and RWA demonstrating strong user stickiness. With the involvement of AI technology, future agents may assume intermediary roles in trading, thereby boosting overall adoption, and users with lower risk tolerance could become the primary source of new growth.
Dragonfly Partner: Retail Investors Have Largely Exited the Market, Institutions Are Forming the Bitcoin Price Floor
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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