The Milk Road Show

Bitwise CIO Explains Why This Bull Market Is Stronger Than You Think w/ Matt Hougan

10 snips
May 15, 2025
In a lively discussion, Matt Hougan, the CIO of Bitwise and a crypto market expert, argues that the upcoming bull market may outshine the previous one. He delves into macroeconomic factors impacting crypto, the shifting dynamics of an anticipated altcoin season, and the promising potential of decentralized finance. Hougan also highlights the importance of stablecoin legislation and its implications for the market, advocating for a diversified investment approach in the evolving world of digital assets.
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INSIGHT

Macro Impact Normalizing

  • Macro impact matters mostly at extremes, and current conditions are more normalized than before.
  • Crypto markets will be driven by crypto-specific factors barring a massive macro shock.
INSIGHT

Crypto Bull Cycle Stronger Than Ever

  • Crypto is in a huge bull cycle with strong fundamentals and institutional interest.
  • Bitcoin is expected to surpass $200,000 by year-end with even stronger conviction now.
INSIGHT

ETH's Comeback Signals Confidence

  • ETH's 50% rise stems from leadership changes and timely network upgrades.
  • Investors regained confidence as Ethereum began delivering on promised improvements.
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