The Milk Road Show

Crypto Is Crashing… Why the Bull Case Is Still Alive w/ Matt Hougan & Ryan Rasmussen

14 snips
Nov 20, 2025
Matt Hougan, an executive at Bitwise and crypto strategist, alongside Ryan Rasmussen, an investment professional at Bitwise, delve into the current crypto market crash. They discuss why institutional investors are actively buying amidst uncertainty and clarify the disconnect between retail selling and institutional buying. Their insights explore emerging crypto use cases, the importance of time horizons for investment, and the potential impacts of macroeconomic factors. They also highlight the significance of the upcoming Bitwise XRP ETF launch.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ANECDOTE

What They Grab In A Crash

  • Ryan Rasmussen says his instinct in a market crash is to buy Bitcoin and some Solana.
  • He frames Solana as particularly beaten up and attractive during dips.
INSIGHT

Timeframe Explains Bull vs Bear Views

  • Long-term bullishness depends on your timeframe; short-term pain coexists with multi-year optimism.
  • Matt Hougan argues trillions of institutional dollars and new regs will drive growth over 3+ years.
INSIGHT

Bitcoin As A Market Canary

  • Bitcoin can act as a canary in the coal mine for broader market risk sentiment.
  • Matt Hougan cautions declines may reflect macro risk-off, not only crypto-specific issues.
Get the Snipd Podcast app to discover more snips from this episode
Get the app