Bitcoin Finds its Footing

NYDIG’s Greg Cipolaro and Pete Janney discuss how geopolitical tensions stemming from the Iran conflict have created volatility across global markets, particularly in oil, equities, and interest rates, and how bitcoin has responded differently than in past risk-off environments. They examine bitcoin’s recent price stability near the mid-$60K range and the possibility that the market may be entering an early bottoming phase as trading activity and derivatives metrics begin to recover. The conversation also explores bitcoin’s evolving correlation with technology equities, the continued institutional buildout of crypto infrastructure despite muted token price reactions, and recent critiques of bitcoin from prominent investors, highlighting ongoing debates around its role, adoption trajectory, and long-term positioning in the financial system.