Bitwise Research Director: AI Stock Decline Could Trigger Bitcoin July Rally

BlockBeats News, July 2nd, Bitwise's Research Director André Dragosch stated that July could be a crucial month for Bitcoin to transition from a bear market to a bull market.

He mentioned that if the semiconductor sector sees a significant reversal from its current levels, it could trigger a more dovish policy response from the Federal Reserve. This would likely lead Bitcoin to complete its reversal from the bottom earlier than the market's widely anticipated October timeframe.