Franklin Templeton crypto chief: 'A new bull market starts now'
- —Perkins says the market feels like it is at the start of a bull cycle
- —He cited a trading day with roughly $1 billion flowing into crypto ETFs
- —Bitcoin held up despite rate hikes, geopolitical tension and oil above $100
- —Institutions increasingly judge projects on fundamentals, not hype
Why it matters: A major asset manager flagging a new cycle signals returning institutional demand and a possible shift in market regime.
Source: Newsbit