June 20 (Cointime) - Chris Burniske, a partner at Placeholder, has predicted that the crypto market could follow the bullish trend of the stock market. He cites data from Glassnode founders Jan Happel and Yann Allemann, who note that Bitcoin has historically rallied after the Nasdaq 100 index (NDX) has cooled off.
Burniske believes that Bitcoin is on the verge of outperforming the NDX once again, as the index may be close to marking a local top. He also suggests that capital could eventually rotate into riskier altcoins and other blockchain-based assets.
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