Crypto Spring On Horizon as Q3 Charts Show Sharp Rebound

Key Summary

Bitwise's Matt Hougan believes Q3 charts indicate a 'crypto spring' due to sharp rebounds in crypto prices and growing onchain markets. The firm's large-cap crypto index posted a 46.4% quarterly gain, while year-to-date net flows returned to positive territory. Hougan points to ETF flows and onchain activity as signs of a potential recovery.