Bull Market in Sight: Bitwise Sees Bottom Forming Ahead of Fall Rally

Bitcoin holds above $60,000 as Bitwise CIO says Strategy-led leverage unwind may signal a market bottom ahead of a fall bull run. STRC and Late-Cycle Stress Bitwise Chief Investment Officer Matt Hougan explained in a July 1 analysis that STRC, Strategy’s perpetual preferred equity instrument designed to offer high yield while trading near a fixed […]

Source: https://news.bitcoin.com/bull-market-in-sight-bitwise-sees-bottom-forming-ahead-of-fall-rally/