Tom Lee of Fundstrat made a pointed case at Consensus Miami: Bitcoin has never closed three consecutive months higher during a bear market — not once since inception. With BTC entering its third straight monthly close in positive territory and up over 20% since the Iran conflict began, Lee argues the bear market is definitively over, and that billions in monthly ETF inflows will continue through year-end.
On the regulatory front, US Senator Brooks stated she believes the Clarity Act can pass this year, with White House crypto chief Patrick Witt targeting a July 4th signing — a milestone that would bring long-awaited legal clarity to the digital asset industry. Bitwise's Matt Hogan added that institutional capital has shown near-zero outflow behavior through both the 2018 and 2022 downturns, suggesting the institutional bid is structural and unlikely to reverse even if legislation…
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