{"id":58335,"date":"2025-11-13T15:02:09","date_gmt":"2025-11-13T15:02:09","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=58335"},"modified":"2025-11-13T15:02:09","modified_gmt":"2025-11-13T15:02:09","slug":"why-is-crypto-crashing-now-bitwise-cio-shocks-market-with-massive-prediction","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=58335","title":{"rendered":"Why is Crypto Crashing Now? Bitwise CIO Shocks Market With Massive Prediction"},"content":{"rendered":"<div>\n<p>Thursday puuuump. Some get gains and others fear the dump. Dumping paaaaain. You should stop buying the top agaaaaaain. <strong>*Ahem*\u00a0<\/strong>Chocolate Rain references aside, why is crypto crashing now?<\/p>\n<p>Well, Bitwise CIO Matt Hougan says <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coins\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">the real bull run<\/a> isn\u2019t coming this year but lining up for 2026. Speaking at The Bridge Conference in New York, he argued that the missing late-2025 rally, usually the last gasp before a cycle top, may have rewired the script. Instead of another <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">blow-off peak<\/a>, he sees the market coiling for a deeper, longer surge.<\/p>\n<blockquote>\n<p>\u201cI\u2019m actually more confident in that quote,\u201d Hougan told Cointelegraph. \u201cThe biggest risk was if we ripped into the end of 2025 and then we got a pullback.\u201d<\/p>\n<\/blockquote>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n<h2>Why is Crypto Crashing Now? Bitwise CIO Predicts 2026 Crypto Boom<\/h2>\n<style>\n\t.cwp-coin-chart svg path {\n\t\tstroke-width: 0.65 !important;\n\t}<\/p>\n<p>\t.cwp-coin-widget-container .cwp-graph-container.positive svg path:nth-of-type(2) {\n\t\tstroke: #008868 !important;\n\t}\n\t.cwp-coin-widget-container .cwp-coin-trend.positive {\n\t\tcolor: #008868 !important;\n\t\tbackground-color: transparent !important;\n\t}\n\t.cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.positive {\n\t\tborder: 1px solid #008868;\n\t\tborder-radius: 3px;\n\t}\n\t.cwp-coin-widget-container .cwp-coin-trend.positive::before {\n\t\tborder-bottom: 4px solid #008868 !important;\n\t}\n\t.cwp-coin-widget-container .cwp-coin-price-holder .cwp-coin-trend-holder .cwp-trend {\n\t\tbackground-color: transparent !important;\n\t}<\/p>\n<p>\t.cwp-coin-widget-container .cwp-graph-container.negative svg path:nth-of-type(2) {\n\t\tstroke: #A90C0C !important;\n\t}\n\t.cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.negative {\n\t\tborder: 1px solid #A90C0C;\n\t\tborder-radius: 3px;\n\t}\n\t.cwp-coin-widget-container  .cwp-coin-trend.negative {\n\t\tcolor: #A90C0C !important;\n\t\tbackground-color: transparent !important;\n\t}\n\t.cwp-coin-widget-container .cwp-coin-trend.negative::before {\n\t\tborder-top: 4px solid #A90C0C !important;\n\t}\n<\/style>\n<p>\t<span class=\"cwp-coin-widget-container\" data-id=\"bitcoin\" id=\"coin_widget_id_6915f09412ab1\"><\/p>\n<p>\t\t<!-- name of the coin in the text --><br \/>\n\t\t<span class=\"cwp-coin-widget-wrapper\" data-id=\"bitcoin\"><br \/>\n\t\t\t<span class=\"cwp-coin-widget-holder \" style=\"background:#efefef;\"><br \/>\n\t\t\t\t<span class=\"cwp-coin-name\" data-id=\"bitcoin\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-icon \"><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/99bitcoins.com\/tr\/wp-content\/uploads\/crypto-icons\/bitcoin.svg\" alt=\"Bitcoin\"><br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-label \">Bitcoin<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-symbol hidden\">BTC<\/span><\/p>\n<p>\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-price hidden\">$102,565.94<\/span><br \/>\n\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend  negative\">1.28%<\/span><br \/>\n\t\t\t\t\t<\/span><\/p>\n<p>\t\t\t\t<\/span><br \/>\n\t\t\t<\/span><br \/>\n\t\t<\/span><\/p>\n<p>\t\t<!-- popup with basic info about the coin --><br \/>\n\t\t<span class=\"cwp-coin-popup-wrapper \" data-id=\"bitcoin\" style=\"\"><br \/>\n\t\t\t<span class=\"cwp-coin-popup-holder\"><br \/>\n\t\t\t\t<span class=\"cwp-coin-name\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-icon\"><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/99bitcoins.com\/tr\/wp-content\/uploads\/crypto-icons\/bitcoin.svg\" alt=\"Bitcoin\"><br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-popup-name\">Bitcoin<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-popup-symbol\">BTC<\/span><br \/>\n\t\t\t\t<\/span><br \/>\n\t\t\t\t<span class=\"cwp-coin-price\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-title\">Price<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-price-value\">$102,565.94<\/span><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t\t<span class=\"cwp-coin-trend negative\">1.28% \/24h<\/span><br \/>\n\t\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t<\/span><br \/>\n\t\t\t\t<\/span><br \/>\n\t\t\t\t<span class=\"cwp-coin-volume\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-volume-title\">Volume in 24h<\/span><\/p>\n<p>\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-volume-value\">$57.67B<\/span><br \/>\n\t\t\t\t\t<!-- <span class=\"cwp-coin-trend-holder\">\n\t\t\t\t\t\t<span class=\"cwp-coin-trend\">?<\/span>\n\t\t\t\t\t<\/span>                     --><br \/>\n\t\t\t\t<\/span><br \/>\n\t\t\t\t<span class=\"cwp-coin-chart\"><br \/>\n\t\t\t\t\t<span class=\"cwp-graph-title\">Price 7d<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-graph-container negative\"><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<?xml version=\"1.0\" encoding=\"UTF-8\" standalone=\"no\"?><svg width=\"160\" height=\"40\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><defs><lineargradient id=\"gradg_6915d32cd1e82\" x1=\"0%\" y1=\"0%\" x2=\"0%\" y2=\"100%\"><stop offset=\"30%\" stop-color=\"#139A18\" stop-opacity=\"0.2\"><\/stop><stop offset=\"100%\" stop-color=\"#139A18\" stop-opacity=\"0\"><\/stop><\/lineargradient><\/defs><rect width=\"100%\" height=\"100%\" fill=\"white\"><\/rect><path d=\"M0,40 0,32.045436538641 4,34.445679199329 8,31.400336995168 12,28.329454451482 16,35.290432794785 20,40 24,27.920671705437 28,18.436554981691 32,21.812548463138 36,25.956125266852 40,25.976585001202 44,29.664005848463 48,29.461330896107 52,27.240557180357 56,29.652196874274 60,29.757241819093 64,29.242590246309 68,23.004156346973 72,16.308056040997 76,11.526794631091 80,3.3448232821342 84,1.0724196327215 88,1.0570405035456 92,3.2719097322014 96,5.3574294993941 100,3.2738321233482 104,0 108,6.1085351832596 112,7.8134215033454 116,12.937417792032 120,19.817106452547 124,22.790496302349 128,20.973287413817 132,19.658509182919 136,12.264306263274 140,12.150610558294 144,31.436725113308 148,30.65486117109 152,28.559866761816 156,23.130896849022 160,21.103186129893 160,40 Z\" fill=\"url(#gradg_6915d32cd1e82)\"><\/path><polyline fill=\"none\" stroke=\"#139A18\" stroke-width=\"2\" points=\"0,32.045436538641 4,34.445679199329 8,31.400336995168 12,28.329454451482 16,35.290432794785 20,40 24,27.920671705437 28,18.436554981691 32,21.812548463138 36,25.956125266852 40,25.976585001202 44,29.664005848463 48,29.461330896107 52,27.240557180357 56,29.652196874274 60,29.757241819093 64,29.242590246309 68,23.004156346973 72,16.308056040997 76,11.526794631091 80,3.3448232821342 84,1.0724196327215 88,1.0570405035456 92,3.2719097322014 96,5.3574294993941 100,3.2738321233482 104,0 108,6.1085351832596 112,7.8134215033454 116,12.937417792032 120,19.817106452547 124,22.790496302349 128,20.973287413817 132,19.658509182919 136,12.264306263274 140,12.150610558294 144,31.436725113308 148,30.65486117109 152,28.559866761816 156,23.130896849022 160,21.103186129893 \"><\/polyline><\/svg>\t\t\t\t\t\t\t<script>\n\t\t\t\t\t\t\t\t\/\/ Make SVG responsive\n\t\t\t\t\t\t\t\tjQuery(document).ready(function($) {\n\t\t\t\t\t\t\t\t\tvar svg = $('.cwp-graph-container svg').last();\n\t\t\t\t\t\t\t\t\tif (svg.length) {\n\t\t\t\t\t\t\t\t\t\tvar originalWidth = svg.attr('width') || '160';\n\t\t\t\t\t\t\t\t\t\tvar originalHeight = svg.attr('height') || '40';\n\t\t\t\t\t\t\t\t\t\tif (!svg.attr('viewBox')) {\n\t\t\t\t\t\t\t\t\t\t\tsvg.attr('viewBox', '0 0 ' + originalWidth + ' ' + originalHeight);\n\t\t\t\t\t\t\t\t\t\t}\n\t\t\t\t\t\t\t\t\t\tsvg.removeAttr('width').removeAttr('height');\n\t\t\t\t\t\t\t\t\t\tsvg.css({'width': '100%', 'height': '100%'});\n\t\t\t\t\t\t\t\t\t\tsvg.attr('preserveAspectRatio', 'xMidYMid meet');\n\t\t\t\t\t\t\t\t\t}\n\t\t\t\t\t\t\t\t});\n\t\t\t\t\t\t\t<\/script><br \/>\n\t\t\t\t\t\t\t\t\t\t\t<\/span><br \/>\n\t\t\t\t<\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t<span class=\"cwp-coin-link\"><br \/>\n\t\t\t\t\t\t<a href=\"https:\/\/99bitcoins.com\/goto\/bestwallet\" alt=\"https:\/\/99bitcoins.com\/goto\/bestwallet\" target=\"_self\" rel=\"nofollow sponspored sponsored\" class=\"cwp-coin-custom-link\" style=\"color:#ffffff; background: #e50123; padding: \"><br \/>\n\t\t\t\t\t\t\tLearn more\t\t\t\t\t\t<\/a><br \/>\n\t\t\t\t\t<\/span><\/p>\n<p>\t\t\t<\/span><\/p>\n<p>\t\t<\/span><br \/>\n\t<\/span><\/p>\n<p>According to Santiment, social sentiment for the big three \u2013 Bitcoin, Ethereum, and <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">XRP<\/a> -has slipped into full bearish mode. While sentiment for Bitcoin is holding steady, XRP is drowning in negativity not seen since early 2025, a classic setup for exhausted sellers.<\/p>\n<p>The Fear &amp; Greed Index agrees, collapsing to 15\/100. It hasn\u2019t been this bleak since February, which is exactly why smart money thinks 2026 is where the real move begins.<\/p>\n<blockquote>\n<p>\u201cThe underlying fundamentals are just so sound,\u201d Hougan said. \u201cInstitutional investment, regulatory progress, stablecoins, tokenization\u2014those forces are too big to keep down.\u201d<\/p>\n<\/blockquote>\n<div class=\"cfg-chart-container\">\n<div class=\"cfg-top-content-holder\">\n<h4 class=\"cfg-chart-title\" style=\"font-family: 'Noto Sans', sans-serif; font-size: 18px; font-weight: 700; \">\n            Crypto Fear and Greed Chart        <\/h4>\n<div class=\"cfg-time-range-selector\">\n            <span data-range=\"all_time\" id=\"cfg-alltime\" class=\"cfg-alltime\">All time<\/span><br \/>\n            <span data-range=\"1y\" id=\"cfg-1y\">1y<\/span><br \/>\n            <span data-range=\"1m\" id=\"cfg-1m\">1m<\/span><br \/>\n            <span data-range=\"1w\" id=\"cfg-1w\">1w<\/span><br \/>\n            <span data-range=\"1d\" id=\"cfg-1d\">24h<\/span>\n        <\/div>\n<\/p><\/div>\n<div class=\"cfg-chart-holder\">\n<div id=\"cfg-chart-body\" class=\"cfg-chart-body\" style=\"width: 830px; height: 450px;\"><\/div>\n<\/p><\/div>\n<\/div>\n<p>According to <a class=\"general-link\" href=\"https:\/\/defillama.com\/\" target=\"_blank\" rel=\"noopener nofollow\">DeFi Llama<\/a>, the total value locked (TVL) in DeFi protocols has stabilized around $135 Bn, up 38% since January.<\/p>\n<figure id=\"attachment_308409\" aria-describedby=\"caption-attachment-308409\" style=\"width: 2134px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-308409 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/Screenshot-2025-11-13T185947.103.png\" alt=\"\" width=\"2134\" height=\"519\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/Screenshot-2025-11-13T185947.103.png 2134w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/Screenshot-2025-11-13T185947.103-300x73.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/Screenshot-2025-11-13T185947.103-1024x249.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/Screenshot-2025-11-13T185947.103-768x187.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/Screenshot-2025-11-13T185947.103-1536x374.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/Screenshot-2025-11-13T185947.103-2048x498.png 2048w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/Screenshot-2025-11-13T185947.103-50x12.png 50w\" sizes=\"auto, (max-width: 2134px) 100vw, 2134px\"><figcaption id=\"caption-attachment-308409\" class=\"wp-caption-text\">(Source: <a class=\"general-link\" href=\"https:\/\/defillama.com\/\" target=\"_blank\" rel=\"noopener nofollow\">DeFiLlama<\/a>)<\/figcaption><\/figure>\n<p>Meanwhile, CoinGecko data shows Bitcoin trading at $101,762 and Ethereum at $3,416 which is well,\u00a0<em>well<\/em> below the $250,000 and $15,000 targets floated by Arthur Hayes and Tom Lee.<\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/span><\/a><\/strong><\/p>\n<h2>The Smart Money Is Betting on 2026, Here\u2019s Why<\/h2>\n<p>99Bitcoin analysts note that such extreme fear has historically coincided with accumulation phases, with <a class=\"general-link\" href=\"https:\/\/glassnode.com\/\" target=\"_blank\" rel=\"noopener nofollow\">Glassnode data<\/a> confirming that long-term holders are increasing their positions while short-term traders exit. This is with the exception of a few ancient Bitcoin whales that have cashed out entirely.<\/p>\n<blockquote>\n<p>\u201cCrypto-native retail is depressed,\u201d Hougan said. \u201cThey got burned by FTX, memecoins, and the 10\/10 liquidation. But traditional retail, [like] people buying through ETFs, are still coming in.\u201d<\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">I see stories about &#8220;old whales dumping bitcoin&#8221;, but the data does not support those stories.<\/p>\n<p>Almost 7 million BTC transacted onchain in 2025. Most BTC came from 2024 transactions. One big 84k BTC 2011 whale. And some 2017-2023 sellers. But that&#8217;s it, business as usual. <a href=\"https:\/\/t.co\/w2aHjJ3XmD\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/w2aHjJ3XmD<\/a><\/p>\n<p>\u2014 PlanB (@100trillionUSD) <a href=\"https:\/\/twitter.com\/100trillionUSD\/status\/1988740760439779353?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">November 12, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>ETF inflows back up what Hougan is saying. Glassnode data shows net inflows into spot Bitcoin ETFs exceeding $18 Bn year-to-date, underscoring steady institutional appetite. Hougan says this structural shift of institutions leading the charge in crypto will continue to define the next cycle.<\/p>\n<p>If history rhymes, 2026 could mirror 2020\u2019s explosive recovery after a year of capitulation and disbelief.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/xrp-price-jumps-11-after-sec-crypto-unit-tease-xrp-etf-progress\/\" target=\"_blank\" rel=\"noopener\">XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress<\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         Bitwise CIO Matt Hougan says the real bull run isn\u2019t coming this year but lining up for 2026.     <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         ETF inflows back this up. FRED data shows net inflows into spot Bitcoin ETFs exceeding $18 Bn year-to-date.    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/why-is-crypto-crashing-now-bitwise-cio-shocks-market-with-massive-prediction\/\">Why is Crypto Crashing Now? Bitwise CIO Shocks Market With Massive Prediction<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Thursday puuuump. Some get gains and others fear the dump. Dumping paaaaain. You should stop buying the top agaaaaaain. *Ahem*\u00a0Chocolate Rain references aside, why is crypto crashing now? Well, Bitwise CIO Matt Hougan says the real bull run isn\u2019t coming this year but lining up for 2026. Speaking at The Bridge Conference in New York, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-58335","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/58335","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=58335"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/58335\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}