Cryptocurrency markets are brimming with optimism this week as Bitcoin and major altcoins stage recoveries from the recent bear market. Matt Hougan, Bitwise Asset Management’s Chief Investment Officer, added to the enthusiasm in a recent interview predicting Bitcoin will surge to fresh all-time highs.
Keypoints
- itwise CIO Matt Hougan predicts Bitcoin will hit a new all-time high amid an ongoing crypto market rally
- Key drivers include anticipation of a Bitcoin Spot ETF, lower interest rates, and unprecedented institutional investment
- Hougan believes the influx of “big money” from major financial players will fuel further major BTC price growth
- He asserts the crypto winter has ended, giving way to a “crypto spring” multi-year bull run
- Mainstream crypto adoption is accelerating with reputable institutions like Fidelity and BlackRock getting involved
Hougan began by contextualizing the ongoing crypto rally…
