Bitwise CEO Urges Crypto Investors to Abandon AI Stock Chasing, Focus on Fundamentals on June 8

BTC1.93%
According to Bitwise CEO Hunter Horsley on June 8, investors should stop chasing AI stock momentum and measure progress by on-chain adoption, product-market fit, and year-over-year asset performance. The comments come as Bitcoin trades near $62,800, significantly below recent highs, while the Nasdaq-100 has surged 43% over the past year—a gap that has frustrated crypto holders watching capital flow toward AI equities instead.
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