Crypto market’s four-year cycle is ‘dead,’ Bitcoin halving losing importance: Bitwise executive
- Bitwise’s Matt Hougan said that the crypto market’s historical four-year cycle is “dead”.
- He highlighted that growing institutional adoption is not subject to crypto’s traditional four-year pattern.
- The approval of Bitcoin ETFs in 2024 broke BTC’s historical pattern of only registering a new all-time high after a halving event.
Bitwise Chief Investment Officer (CIO) Matt Hougan stated on Friday that the crypto market’s traditional four-year cycle will not continue as institutional demand for digital assets has altered the sector’s historical price pattern.
Crypto’s rising institutional demand alters four-year cycle pattern
Bitwise CIO Matt Hougan stated in an X post on Friday that the crypto market’s four-year cycle is…
