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Bitwise CIO refutes bear market fears, saying bitcoin's value lies in its role as a digital wealth storage "service"

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2025-11-19 10:56:04
Matt Hougan, chief investment officer at Bitwise, dismissed concerns that Bitcoin could enter a bear market, saying its value lay in its role as a digital wealth storage "service" that did not rely on governments, banks or other third parties.
Hougan believes that despite the recent market correction, institutional demand for the service is growing, underpinning Bitcoin's long-term trajectory.
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