Bitcoin will get ‘lift’ from Hyperliquid, Robinhood in next crypto bull market: Bitwise exec
Summary
Bitcoin may be nearing a bottom, but the next bull market is expected to be driven less by pure BTC momentum and more by crypto’s expansion into traditional finance. Matt Hougan of Bitwise says the key catalysts are Hyperliquid and Robinhood: Hyperliquid is bringing conventional assets like oil, silver, and the S&P 500 into onchain trading, while Robinhood’s crypto efforts could accelerate mainstream adoption. He expects the coming rally to lift most of the sector, including Bitcoin, Ethereum, Solana, and crypto equities. Separately, Bitcoin “apparent demand” has started to re-accelerate, suggesting a possible shift after a period of weak spot demand.
