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Bitwise CEO urges crypto investors to focus on long-term value amid Bitcoin price pressure and AI market shift.

Market News
08 Jun 2026
Coinpaper
View Source
Neutral
pluang ai news

Bitwise CEO Hunter Horsley advises crypto investors to adopt a long-term perspective, emphasizing fundamentals like usage, technology, and institutional adoption rather than short-term price moves. Bitcoin is currently testing support near $60,000 to $62,000 amid increased exchange inflows from medium-term holders, signaling potential selling pressure. The crypto market faces liquidity pressure as capital shifts toward AI infrastructure and major tech IPOs like SpaceX, which is set to raise $75 billion. Horsley highlights that crypto’s development, like other tech platforms, requires patience through cycles of doubt and funding challenges.

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