Svmuu News: Matt Hougan, Chief Investment Officer at Bitwise, posted on X that the crypto market has shown signs of bottoming out. Since July 1, the Bitcoin has risen 9%, while the Nasdaq 100 Index has fallen 6%.ETF capital flows have turned positive, and market sentiment is also improving.
He also noted that for the next crypto bull market, investors should focus on Hyperliquid (HYPE) and Robinhood (HOOD), as they are prime examples of companies bridging traditional finance and cryptocurrency.Hyperliquid is a crypto finance app with actual revenue and a sound token economics model, while Robinhood is an outstanding example of an established company building its business on blockchain technology.