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Ethereum bulls tout supercycle, but Wall Street is skeptical

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 28 Views

Growing Wall Street crypto adoption and agentic AI platforms may catalyze a “supercycle” for Ethereum, according to BitMine, the largest corporate holder of Ether.

Update Sept. 24, 1:07 p.m. UTC: This article has been updated to include quotes from Nicolai Sondergaard, research analyst at crypto intelligence platform Nansen.

The cryptocurrency market may experience its first extended cycle due to more institutional capital and trading products in the Web3 industry, making digital asset investments more accessible.

Some investors predict a crypto “supercycle” that may invalidate the theory of the four-year crypto market cycle related to the Bitcoin (BTC) halving, and see digital asset valuation rise beyond this historic time frame.

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