Bitwise CIO: Although the crypto market is facing unfavorable conditions, there are still many positive factors

Matt Hougan, chief investment officer at Bitwise, said the crypto market faces multiple short-term, negative and non-cyclical headwinds: Mt. Gox, US government sell-off, etc. But there are also multiple long-term, large and significant tailwinds, including: ETF inflows, court victories, infrastructure improvements, and the Lindy effect. the more likely it is to persist in the future), short-term, non-cyclical headwinds are weighing on prices but are a boon for long-term investors.