Bitwise CIO Identifies Gold Surge and Clarity Act’s Fate as Key Crypto Market Drivers
Gold’s rise and Clarity Act’s fate shape crypto market, says Bitwise CIO.
The current state and future of the crypto industry are being shaped by the rapid rise in gold prices and the uncertainty surrounding the Clarity Act. This perspective was shared by Bitwise’s Chief Investment Officer, Matt Hougan.
Gold’s Ascent and Institutional Trust Crisis
In 2025, the precious metal appreciated by 65%. Since the beginning of 2026, its price has increased by another 16%, exceeding $5000 per ounce.
