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Bitwise CEO: The crypto market has experienced nearly six months of a Bear Market and is about to emerge from it.

On November 14, Bitwise CEO Hunter Horsley posted, “What we're talking about is a four-year cycle—but the reality is that this pattern is based on the past era of crypto assets. Since the launch of the Bitcoin ETF and the new management taking office, we have entered a new market structure: new participants, new dynamics, and new reasons for people to buy and sell. I believe we have likely already experienced nearly 6 months of a bear market and are about to emerge from it. The current development environment for crypto assets has never been so favorable.”

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