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Bitwise CIO: Crypto Market Has Bottomed, Bitcoin Up 9% Since July 1 as Nasdaq Falls 6%

Market Analysis Capital Flow Indices Stocks

2026-07-23 10:01:08

BTC-1.25%

HYPE-2.64%

NAS100-1.42%

HOOD-2.78%

According to Bitwise CIO Matt Hougan, the crypto market has shown signs of bottoming since July 1, with Bitcoin rising 9% while the Nasdaq 100 index declined 6%. ETF capital flows have turned positive, signaling improving market sentiment.

Hougan highlighted Hyperliquid (HYPE) and Robinhood (HOOD) as key assets to monitor in the next bull market, citing them as exemplars of bridging traditional finance and cryptocurrency.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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Comment

0/400

OneBitcoinADay

· 3h ago

Buy the dip and enter 😎

View OriginalReply0