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Bitwise CIO Sees Bitcoin Holding $60K Base as Non-Traditional Altcoin Season Emerges

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The Story

News Summary

  • Bitwise CIO Matt Hougan predicts a non-traditional altcoin season focused on DeFi tokens and expects Bitcoin to hold above a $60,000 bottom with potential lower highs.
  • Inflation from increased government spending on war may lead to asset price inflation, while Fed rate cuts are unlikely soon.
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BTCUSD price history

75968.10 +13.39% over the displayed period

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