With Bitcoin At $94,000, Bitwise CEO Claims Crypto Has Endured A 6-Month Bear Market
November 14, 2025 · 11:00 PM
On Friday, Bitcoin (BTC) fell closer to the $94,500 mark, raising concerns about a potential bear market in the cryptocurrency sector. Bitwise CEO Hunter Horsley suggested that a bear market has been in play for the past six months but indicated that the market dynamics are shifting, potentially leading to a new bullish phase. He noted that the introduction of Bitcoin exchange-traded funds (ETFs) and a pro-crypto administration under President Trump have changed the landscape.
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