Bitwise CEO Predicts the Start of a Multi-Year Bull Market Fueled by Institutional Interest

The CEO of Bitwise, the world’s largest cryptocurrency index fund manager, has stated that a long-awaited multi-year bull market, fueled by a wave of institutional interest, has now begun. Expectation of Bull in Bitcoin! In a new Bloomberg interview, Matt Hougan mentioned that cryptocurrency prices have shown incredible resilience against increasing regulatory scrutiny. Matt Hougan indicated that BlackRock’s recent move in Bitcoin (BTC) could be the best choice for the conditions of the new bull market and included the following statements in his explanations: “Prices have been rising since last November, after the FTX fiasco. It’s climbing a wall of worry, and now we have the world’s largest asset manager, BlackRock, planting its flag and saying Bitcoin is significant. This is an asset that institutional investors will want to own over the next five to ten years. I think we have entered a new era of cryptocurrency. I call it […] The post Bitwise CEO Predicts the Start of a Multi-Year Bull Market Fueled by Institutional Interest appeared first on COINTURK NEWS.