Crypto Executives Reject Bitcoin Bear Market Claims as Price Holds Above $97,000

Leading cryptocurrency executives dismissed concerns about a prolonged downturn as Bitcoin trades near $97,000. Changpeng Zhao, Bitwise's Hunter Horsley, and Matt Hougan characterized current price levels as a temporary correction within an ongoing bull cycle. They cited robust institutional demand and structural market changes as evidence that the digital asset remains fundamentally strong despite recent declines.