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Amin Ayan

Bitwise Says Q4 2025 Likely Marked Crypto Bear Market Low as Fundamentals Rose

Bitwise said in a report shared Wednesday that Q4 2025 revealed weaker prices alongside strengthening on‑chain activity and revenues, a setup it associates with bear‑market lows. CIO Matt Hougan drew parallels to early 2023 and flagged record usage on Ethereum and layer‑2s, a stablecoin market cap above $300 billion, and DeFi volumes surpassing centralized peers, while outlooks for 2026 remain divided.
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