Bitcoin’s deeply discounted versus AI-stocks, but hawkish Fed risk lingers: Bitwise

60-second summary

Bitcoin currently trades in a historically discounted zone, according to Bitwise analysts, who note its price is near a 2-year low. However, hawkish Federal Reserve signals and a competition for liquidity may deter buyers, potentially keeping prices subdued. This cautious outlook suggests investors should remain vigilant, as market conditions remain uncertain.