How Aave Could Help End Crypto Winter, According to Bitwise
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Bitcoin's sentiment is weak four months after dropping from $126,000, raising concerns of a potential crypto winter. Bitwise's CIO suggests decentralized finance (DeFi) could help revitalize the market by emphasizing fundamentals like real users and sustainable value.
Even after four months since the massive slump from a record price above $126,000, sentiment surrounding Bitcoin remains fragile. Its failure to bounce back has intensified fears about another crypto winter.
But Matt Hougan, Chief Investment Officer at Bitwise, believes that decentralized finance could play a central role in leading the market out of the current bear phase, as investors increasingly focus on fundamentals such as real users, revenues, and sustainable value.
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How Aave Could Help End Crypto Winter, According to Bitwise
Поделиться:
Bitcoin's sentiment is weak four months after dropping from $126,000, raising concerns of a potential crypto winter. Bitwise's CIO suggests decentralized finance (DeFi) could help revitalize the market by emphasizing fundamentals like real users and sustainable value.
Even after four months since the massive slump from a record price above $126,000, sentiment surrounding Bitcoin remains fragile. Its failure to bounce back has intensified fears about another crypto winter.
But Matt Hougan, Chief Investment Officer at Bitwise, believes that decentralized finance could play a central role in leading the market out of the current bear phase, as investors increasingly focus on fundamentals such as real users, revenues, and sustainable value.
В этой новости
Поделиться:
В этой новости
Поделиться:
Читать больше
$16B Fed injection meets BTC/Gold 11-year low – Rare buying signal?