Bitwise CIO Attributes Crypto Market Pullback to Leverage Clearing

According to BlockBeats, on December 23, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, attributed the recent pullback in the cryptocurrency market to the natural clearing of leverage. He emphasized that the long-term drivers remain intact and that the market is still in a strong bull phase. source: https://www.binance.com/en/square/post/17945812801545?utm_source=BinanceNewsRSS