Next bull run will be slower, less volatile as investors' crypto appetite evolves, Bitwise CIO says
CoinDesk·
60-second summary
Investors are shifting towards stablecoins and tokenization, making the next bull run potentially slower and less volatile, according to Bitwise CIO. This trend is driven by doubts in the market, causing investors to seek more tangible assets, such as stablecoins, which are expected to grow in popularity as a result of this evolving investor appetite.
Long-time bitcoin bull Matt Hougan told CoinDesk that during this bear market and with ‘doubts swirling’, investors have found ‘it easier to reach for something more tangible:’ stablecoins and tokenization.