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Bitwise CEO: Crypto Bear Market May Have Lasted 6 Months and Is About to End

Bitwise CEO: Crypto Bear Market May Have Lasted 6 Months and Is About to End

BlockBeats News, November 14th: Hunter Horsley, CEO of the crypto asset management platform Bitwise, posted on social media, stating, “We often talk about the four-year cycle – but the reality is, this model is based on past eras of the crypto market. Since the launch of the Bitcoin ETF and Trump taking office, we have entered a whole new market structure: new participants, new market dynamics, and new reasons for people to buy and sell crypto assets.”

“I believe we are likely already in a bear market for almost 6 months, and we are nearing the end. The current setup of the crypto market is stronger than ever before.”

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