The CEO of Bitwise has stated that the crypto market has been in a bear phase for nearly six months and is now poised for a recovery. He noted that the prolonged downturn has tested the resilience of the market and investors. During this period, many cryptocurrencies have faced significant price declines. However, he expressed optimism that conditions are shifting, indicating a potential upward trend for the market. Industry experts have been monitoring this situation closely as signs of recovery begin to emerge, sparking renewed interest.
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