Bitcoin retail investor at 'max desperation,' says Bitwise CIO, but crypto winter not coming

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Bitwise CIO Matt Hougan believes that despite the current downturn in the cryptocurrency market, a new 'crypto winter' may not be imminent, citing reasons for a potential rebound.

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Market impact analysis based on neutral sentiment with 70% confidence.

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Neutral
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70%

Article Context

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Bitcoin's fall below $100,000 sparks fears that a new crypto winter has begun, but Bitwise CIO Matt Hougan sees reasons why this selloff may not last long.

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Original article published by CNBC on November 5, 2025.
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