Everyone’s Depressed in Crypto — But Bitwise’s CEO Says That’s What Winning Looks Like

Bitwise ceo Hunter Horsley. Photo by BeInCrypto
Bitwise ceo Hunter Horsley. Photo by BeInCrypto

Crypto might be having a vibes crisis after Bitcoin slipped below $110,000. A wave of industry veterans say the mood across group chats and social media feels like a bear market.

However, according to Bitwise CEO Hunter Horsley, that disconnect might actually be a sign that crypto has finally matured.

“Crypto natives are now in a multi-month bear market sentiment.” These are the words of Hunter Horsley, the CEO of one of the largest crypto index fund managers.

The statement comes after Bitcoin slipped below $110,000 and was trading at $109,535 on Friday during the early hours of the US session.

Bitcoin (BTC) Price Performance. Source: BeInCrypto
Bitcoin (BTC) Price Performance. Source: BeInCrypto

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