Meltem Demirors on crypto market dynamics
From CoinShares' Demirors on what's fueling bitcoin volatility · · CNBC Television
“A lot of the selling has been retail. A lot are people who entered the market recently feeling skittish, selling and also traders. There's a huge market maker component to this.”
On , Meltem Demirors, CSO at CoinShares, spoke about crypto market dynamics during CoinShares' Demirors on what's fueling bitcoin volatility on CNBC Television.
About Meltem Demirors
During a June 2026 appearance, Meltem Demirors, Chief Strategy Officer at CoinShares, discussed her outlook on the next areas of opportunity in AI-related stocks. She stated that after strong runs in memory stocks and before that in power and cooling systems, her firm sees networking as the next major narrative. Demirors noted that hyperscaler research reports identify networking and memory as the two biggest bottlenecks for AI spending, and she pointed to recent moves by Nvidia, such as its investment in Marvell and a partnership announced in March, as evidence that the market's focus on memory is missing emerging signs in networking. She credited her firm's research with helping to anticipate market narratives, citing the example of "power shell stocks" like Bitcoin miners converted into AI data centers, which she said gained momentum after CoinShares published a paper on the topic.
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