Bitwise CEO Hunter Horsley has declared the start of a new cycle in the cryptocurrency market, describing 2026 as a year of "blood transfusion." Horsley noted that since 2017, the market has undergone significant shifts every few years, with some early leaders stepping back while others maintain their influence. This year, the market is poised for a transformation, with a new generation of participants and innovative projects expected to rejuvenate the sector. Horsley acknowledged the current atmosphere of potential loss, nostalgia, and uncertainty within the crypto community. However, he emphasized that these feelings also signal the potential for rebirth and new opportunities, as fresh players and ideas emerge to drive the next phase of growth for crypto assets.