Analyst: BTC pullback prompts investors to turn to DeFi and AI concept tokens like HYPE and ai16z

Analysts say that despite Bitcoin's recent failure to break the psychological $100,000 barrier, the resurgence of institutional interest underscores growing confidence in the digital asset at current price levels.Valentin Fourner, chief analyst at BRN, said, “Inflows into ETFs underscore strong institutional support, especially as macroeconomic conditions improve and inflation appears to be easing.” The recent pullback in Bitcoin's price has prompted some investors to explore emerging stories in the alternative crypto and digital asset space, with Bitget Principal Analyst Ryan Lee suggesting that AI-driven investments and high-performance DeFi platforms are emerging as the next growth frontier, with investors turning to DeFi and AI concept tokens such as HYPE and ai16z.