Why A New Bitcoin Bull Market Is Finally Here

This week, we chatted with CryptoQuant founder Ki Young Ju about what comes next — and why waiting for a pullback might be a mistake if you missed the run.

I walked through many of these reasons recently on YahooFinance last week, but as Ki echoes in our discussion this week, this is a very strong set up for the weeks ahead.

"I think the rally is going to continue," Ki told us, pointing to the strongest combined showing in spot and futures momentum since Bitcoin's prior high last October. "I'll say as a trader, I think it's considered as the start point of the bull run."

For his part, Bitmine Chair Tom Lee has been coming up on his stated "Alchemy of 5%" goal (which really is just owning 5% of Ethereum's total supply.)

His company bought up another $80 million worth of ETH this past week and is now very close to his goal at 4.8%. On a podcast this week, he mentioned it could be worth revisiting increasing his goal of targeting 5% come 2027 — and could accelerate that goal if the CLARITY Act passes.

Last year, Lee told me that it could make sense to target 10%.

Trump's Top Crypto Advisor on CLARITY

On the topic of CLARITY, we caught up with Patrick Witt, President Trump's Council of Advisors Executive Director on Digital Assets. He said he remains as bullish as he's ever been on CLARITY clearing the Senate vote scheduled for September.