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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
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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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