Alana Levin: The bottom of the cryptocurrency market may have appeared in July

Alana Levin, investment partner at Variant Fund, stated that the bottom of the cryptocurrency market is likely to have appeared in July. Levin believes that the market is in the early stages of a new cryptocurrency bull market, and marginal funds are most likely to flow towards value storage protocols as currency and revenue generating protocols. Bitcoin is currently the dominant asset for digital value storage, and other competing assets will be valued based on their market value as a percentage of Bitcoin's market value and changes.