Bitcoin Has Yet To Price In ‘Very Positive Developments,’ Pantera Capital’s Dan Morehead Says
Posted On April 4, 2025
Dan Morehead, Founder and Managing Partner of Pantera Capital, believes crypto markets have not yet fully absorbed a wave of major political and regulatory developments that favor the industry.
What Happened: In an X post on Friday, Morehead pointed to the muted market reaction to what he described as an exceptionally bullish environment for digital assets.
“If a few days before the U.S. Presidential election – with Bitcoin (CRYPTO: BTC) at $69,000 – a sorcerer showed you a crystal ball”, revealing pro-crypto outcomes across the executive and legislative branches, “you’d bet bitcoin would be up way more than …
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