Benjamin Cowen Claims No Metals-to-Crypto Rotation Is Coming — What Would That Mean for Bitcoin?

Key Takeaways

  • Benjamin Cowen rejects the idea of a metals-to-crypto rotation.

  • Tom Lee remains bullish on Bitcoin and Ethereum price.

  • Bitcoin’s price continues to face near-term headwinds.

Famed crypto analyst Benjamin Cowen caused shockwaves through the industry on Wednesday by dismissing the idea of a rotation from metals into digital assets.

Cowen’s comments push back against a growing narrative among market bulls that the immense gains in gold and silver could soon spill over into Bitcoin and Ethereum.

In a post on X, Cowen said investors should not expect capital to rotate from precious metals into crypto, drawing parallels with past market behavior.

“There was no rotation from BTC to ALTs,” Cowen…

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