Bitwise CIO Reveals What’s Really Behind Bitcoin’s Decline and It’s Not Jane Street

Bitcoin’s (BTC) downturn has spurred conspiracy theories around alleged market manipulation by firms. However, Bitwise’s Chief Investment Officer (CIO), Matt Hougan, argues that the primary reasons are more straightforward. This narrative highlights the ongoing debate about what drives major crypto market moves, whether it’s institutional strategies, technological threats, or fundamental market cycles. Why is Bitcoin’s Price Dropping? Hougan addressed widespread speculation on social media that Bitcoin’s drop was the result of coordinated moves source: https://beincrypto.com/bitwise-cio-quantum-fears-bitcoin-decline-jane-street/