Bitcoin Poised To Rise If Macro Obstacles Clear, Bitwise's Matt Hougan Says

  • Bitcoin (CRYPTO: BTC) is acting like an asset eager to climb higher if macroeconomic obstacles were to ease, according to Matt Hougan, Chief Investment Officer at Bitwise Asset Management. What Happened: Despite significant market turbulence, Bitcoin has demonstrated resilience, trading flat over the past month amid global economic challenges, signaling a maturing asset increasingly viewed as a hedge against macro uncertainties.