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Bitcoin shows different characteristics during market corrections, indicating upward potential: Bitwise Chief Investment Officer

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#Bitcoin
$BTC
The Block
700Words
Apr 14, 2025

Matt Hougan, Chief Investment Officer of Bitwise, stated that Bitcoin has shown characteristics different from the past during the recent market correction. Despite facing macroeconomic obstacles, Bitcoin has remained stable over the past month, demonstrating a willingness to rise. Compared to the U.S. stock market and other assets, Bitcoin exhibited significant resilience during the market downturn. Hougan believes this performance signifies Bitcoin's maturity, with its potential as a hedge asset becoming apparent. Although market uncertainties remain, Bitcoin's performance is seen as a testament to its durability.

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