Bitwise Analyzes Market Anxiety as Crypto Approaches Bottom

Bitwise highlights that current market anxiety resembles past downturns, suggesting potential long-term growth in the crypto sector.

Bitwise, a prominent manager in the cryptocurrency sector, has observed that the heightened anxiety in today's market strongly resembles the patterns seen during the downturns of 2018 and 2022. According to their analysis, despite this prevailing sense of unease, the fundamental factors that could drive long-term growth in the crypto space are still intact.