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Retail crypto's mood is "extraordinarily negative," but institutional investors are "unremittingly bullish," according to Bitwise ******* et Mangement's Matt Hougan.
Amberdata's Greg Magadini expects interest in bitcoin as a "debasement hedge" to pick up next year.
The rise and subsequent retreat of bitcoin perfectly encapsulates the crypto industry's year. It won big—but it doesn't have much to show for it yet.
The price of bitcoin, the world's most well-known cryptocurrency, soared above $126,000, a record, but those gains evaporated and it's poised to finish down for 2025.
Retail crypto's mood is "extraordinarily negative," but institutional investors are "unremittingly bullish," according to Bitwise ******* et Mangement's Matt Hougan.
Amberdata's Greg Magadini expects interest in bitcoin as a "debasement hedge" to pick up next year.
The rise and subsequent retreat of bitcoin perfectly encapsulates the crypto industry's year. It won big—but it doesn't have much to show for it yet.
The price of bitcoin, the world's most well-known cryptocurrency, soared above $126,000, a record, but those gains evaporated and it's poised to finish down for 2025.
2 months ago
