Lyn Alden says Bitcoin needs no savior as Strategy sells $216M of BTC

Bitcoin-focused macroeconomist Lyn Alden said BTC must stand on its own as Strategy sold 3,588 BTC, while warning about leverage risks tied to STRC.
Bitcoin is facing its weakest sentiment cycle yet, according to Lyn Alden, a Bitcoin-focused macroeconomist who said the asset must stand on its own as Strategy disclosed a $216 million Bitcoin sale earlier this week.
“I don’t think there’s anything coming to save Bitcoin,” Alden said in a Tuesday interview with journalist and Bitcoin educator Natalie Brunell, saying the asset's long-term success must come from its own fundamentals rather than external catalysts.
“The asset just has to survive on its own merits,” Alden said, pointing to Bitcoin’s underlying properties as a liquid, permissionless way to store and send value, instead of relying on a new source of demand.
Source: Cointelegraph →Related News
- 46 minutes ago
Kazakhstan president signs decree to accelerate crypto adoption
- 2 hours ago
Mobile app Toss and blockchain Optimism to conduct Korean won stablecoin POC : r...
- 3 hours ago
ESMA turns spotlight on crypto custody risks after MiCA transition
- 3 hours ago
Kalshi files same-day appeal of NY court's rejection of bid to block state gambl...
- 3 hours ago
Berachain hard fork to replace dual-token model with WBERA rewards
