Bitwise CIO Declares Four-Year Crypto Cycle Dead Citing 35% Institutional Adoption Surge
Bitwise Asset Management’s Chief Investment Officer, Matt Hougan, has declared the end of the traditional four-year cryptocurrency market cycle, a framework historically used to predict price trends based on Bitcoin halvings, macroeconomic shifts, and speculative trading. Hougan’s statement, made during a recent Telegram discussion, emphasizes a structural transformation in the crypto market driven by institutional adoption, regulatory developments, and evolving investment dynamics [1]. He argues that factors previously driving cyclical peaks and troughs—such as Bitcoin’s halving events—have weakened, giving way to a new era of sustained growth rather than periodic volatility [2].
The CIO’s remarks align with broader shifts…
