Yahoo Finance

The top tailwinds and 'tips of the risk spear' for bitcoin

While bitcoin (BTC-USD) slid drastically this week and now hovers above $84,000, the US Securities and Exchange Commission (SEC) has motioned to dismiss its case against cryptocurrency exchange Coinbase (COIN). Bitcoin Opportunity Fund co-managing partner James Lavish joins host Josh Lipton for a conversation on the crypto space's sentiments under the second Trump administration and recent outflows in spot bitcoin ETFs. "You've got the ETFs and the ETF options, you've got the new administration, you've got the possibility of a bitcoin reserve strategic reserve — so all of those are tailwinds," Lavish explains. "And those will... incrementally just give bitcoin that lift or that support over time." Also catch Yahoo Finance's full interview with SEC Commissioner Hester Peirce. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Luke Carberry Mogan.