BlackRocks Entry Ignites Multi-Year Bull Market Surge in Bitcoin: Bitwise CEO Predicts New Era of Crypto

By Lola Coin Jun 25, 202383Views

The CEO of Bitwise, Matt Hougan, believes that a multi-year bull market in the crypto industry is beginning, driven by increased institutional interest. Despite regulatory scrutiny, crypto prices have shown resilience, and Hougan points to BlackRock’s recent involvement in Bitcoin as a significant factor in the new bull market. Hougan believes that this marks the start of a “mainstream era of crypto” and expects a surge of new crypto companies entering the stock market. He predicts that crypto equities, which are stocks with exposure to digital asset markets or distributed ledger technology, will experience significant growth. Hougan sees this as an exciting moment for the crypto industry and anticipates a wave of IPOs in the sector.

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