Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Bitwise CIO: The Four-Year Crypto Cycle Is Over, Future Growth Will Be Steady and Sustainable

Bitwise CIO: The Four-Year Crypto Cycle Is Over, Future Growth Will Be Steady and Sustainable

View original
ChaincatcherChaincatcher2025/07/25 12:07

According to ChainCatcher, Bitwise Chief Investment Officer Matt Hougan stated on social media that the four-year cryptocurrency cycle has "ceased to be effective," and that the future will see "sustained and stable prosperity";

  • The forces that previously created the four-year cycle are weakening:
  1. Halving occurs every four years;
  2. The interest rate cycle is now positive for cryptocurrencies, rather than negative (as it was in 2018 and 2022);
  3. Explosion risks have been reduced due to improved regulation and institutionalization of the space;
  • Stronger forces are now operating on timelines that are not synchronized with the four-year cycle:
  1. Asset inflows into ETFs represent a 5-10 year trend. This trend began in 2024;
  2. Broader institutional adoption is just beginning (ETFs are still being approved on national account platforms, and pension and endowment funds are only now starting to consider cryptocurrencies, etc.);
  3. The regulatory process will officially begin in January 2025 and will last for several years;
  4. Wall Street is only just starting to enter the cryptocurrency sector and will invest billions of dollars over the coming quarters and years. This began with the passage of the "Genius Act" this month.

Hougan believes that the long-term positive forces for cryptocurrencies will outweigh the classic "four-year cycle" forces, and that 2026 will be a good year, resembling "sustained and stable prosperity" rather than a supercycle.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!