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Go to hub Jeff John Roberts 3 min read Crypto prices got absolutely rocked this week with Bitcoin falling nearly $15,000 in 24 hours—a bloodbath not seen since the collapse of crypto conman Sam Bankman-Fried’s empire back in 2022. On Friday, Bitcoin had clawed back most of those losses, and is now trading around $70,000,...

According to Matt Hougan, chief investment officer at Bitwise Asset Management, much of the crypto complex already went through a down cycle last year even though headline coins looked steadier. He points to heavy buying from ETFs and companies that kept Bitcoin, Ether, and XRP from showing the full brunt of those losses. Some tokens,...