Bitwise Asset Management executives highlight the current Bitcoin downturn as a strategic buying opportunity for institutional investors. CEO Hunter Horsley noted a significant increase in Bitcoin ETF trading volumes, reaching three to four times their usual levels, indicating heightened institutional engagement. Despite a 50% decline in the global cryptocurrency market since October 10, institutions are capitalizing on lower prices to enter the market.
Bitwise CIO Matt Hougan described the ongoing market conditions as a 'crypto winter,' attributing the downturn to excessive leverage and profit-taking. He emphasized that institutional flows have helped stabilize Bitcoin prices, even as retail-driven tokens continue to struggle. Hougan expressed cautious optimism about a potential market recovery, suggesting that current conditions may present a pivotal long-term opportunity for institutions.
Bitwise CEO Sees Bitcoin Slump as Institutional Buying Opportunity
Sorumluluk Reddi: Phemex Haberler'de sunulan içerik yalnızca bilgilendirme amaçlıdır. Üçüncü taraf makalelerden alınan bilgilerin kalitesi, doğruluğu veya eksiksizliğini garanti etmiyoruz. Bu sayfadaki içerik finansal veya yatırım tavsiyesi niteliği taşımaz. Yatırım kararları vermeden önce kendi araştırmanızı yapmanızı ve nitelikli bir finans danışmanına başvurmanızı şiddetle tavsiye ederiz.
