Crypto Bear Market Shows ‘Attributes of a Real Bottom’ With Wall Street Behind It, Bitwise's Matt Hougan Says
Bitwise CIO Matt Hougan notes institutions' growing interest in crypto despite its weak price. Bitcoin's low volatility may signal a bottom.
Some big investors are starting to look at crypto again, and prices aren't jumping around as wildly as before—which sometimes happens right before things get better. When grown-up money shows up and things calm down, it can mean the market is getting ready to move in a new direction.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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