Samson Mow Warns Against Unit Bias: Why Bitcoin Outshines Cheap Altcoins
In a recent critique, prominent Bitcoin advocate Samson Mow highlighted the pervasive ’unit bias’ in cryptocurrency investing, where newcomers often favor low-priced altcoins over Bitcoin due to a misperception of value. Mow argues that this bias distorts market dynamics and inflates the appeal of projects with artificially high token supplies. By reframing altcoin valuations against Bitcoin’s fixed 21 million supply, he reveals how many assets are fundamentally overvalued. This insight comes as the crypto market continues to grapple with speculative trends in 2025.
Samson Mow Denounces Unit Bias Favoring Cheap Altcoins Over Bitcoin
In the crypto world, Samson Mow criticizes the ’unit bias’ that leads investors, especially beginners, to prefer cheap altcoins over Bitcoin. This misperception distorts investment decisions and creates an illusion of value. Mow argues that by recalculating the real value of altcoins based on a limit of 21 million units, it becomes apparent that many projects inflate their supply to appear cheaper. This unit bias could potentially fuel a rise in Bitcoin’s dominance in the market.
The Unseen Force Driving Bitcoin’s Resurgence
The US-China trade war continues to cast a shadow over global markets, impacting commodity prices and inflation. Federal Reserve Chairman Jerome Powell maintains high interest rates to combat persistent tariff effects on inflation. Amidst this economic volatility, Bitcoin has shown resilience, serving as a potential safe haven and storing significant institutional investments. Economist Timothy Peterson predicts that Bitcoin could reach $138,000, driven by macroeconomic trends and bond yield indices. Additionally, progress in US cryptocurrency regulations may pave the way for wider adoption and integration of digital currencies. While gold reaches new highs, Bitcoin’s rise offers investors a diversified hedge against economic uncertainty. BTC mentioned.
BTC Price Recovery and Rising Inflation Impact
Bitcoin (BTC USD) price has seen a significant recovery in the last 2 weeks after being heavily discounted due to political-economic factors. This has raised hopes that BTC could rally back above $100,000. Analysts are closely monitoring economic data, particularly inflation data, which may provide insights into liquidity flows across risk-on asset classes. The latest inflation data suggests that Bitcoin investors may face challenges in the NEAR term, with consumer inflation expectations rising to 6.7%, a figure that has consecutively increased for the last 4 months.
Bitcoin Price at a Crossroads: Crypto Winter or Rebound Near?
Bitcoin is currently worth around $83,793.85, marking a 2.47% decline over the past 24 hours, despite still being up 8.39% over the past week. While Bitcoin’s pullback might appear minor, deeper market signals hint at possibly the onset of a new crypto winter. Coinbase’s recent report outlines bearish indicators such as global tariff escalations, reduced risk appetite in equities, and a notable 41% drop in the total crypto market cap (excluding BTC) from its December 2024 highs, now sitting at $950 billion.
Strategy acquires additional 3,459 Bitcoin, Kraken expands to stocks and forex trading
This week’s recap covers Strategy’s continued Bitcoin purchases and Kraken’s expansion into traditional financial products. Strategy, formerly known as Strategy, purchased approximately 3,459 Bitcoin (BTC) worth $292 million, bringing its total holdings to 531,644 BTC, valued at $45.07 billion. The company paid $82,618 per BTC for the latest purchase. Meanwhile, Kraken has started offering commission-free stock and ETF trading in certain U.S. states and the District of Columbia, and also launched two foreign exchange perpetual futures contracts.