Thursday Nov 13 2025 01:20
1 min
Matt Hougan, chief investment officer at Bitwise, has expressed increased confidence that the crypto market will experience a significant boom in 2026. He emphasized that the absence of a substantial rally in late 2025 actually strengthens this prediction, as such a rally could have signaled the beginning of a bear market.
Speaking at The Bridge conference in New York City, Hougan explained that interest in the Bitcoin debasement trade, stablecoins, and tokenization will continue to accelerate. He also believes that Uniswap's fee switch proposal will reinvigorate interest in decentralized finance (DeFi) protocols in the coming year.
While optimistic, Hougan believes that Arthur Hayes' and Tom Lee's year-end price targets for Bitcoin and Ethereum are overly ambitious. He anticipates that Bitcoin and Ethereum will reach new all-time highs by 2026, but not to the same extent as predicted by Hayes and Lee.
Hougan noted that crypto-native retail investors are feeling discouraged due to recent events such as the FTX collapse and the failure of the altcoin season. However, he sees traditional retail investors discovering the crypto market, which is offsetting this decline.
Risk Warning: this article represents only the author’s views and is for reference only. It does not constitute investment advice or financial guidance, nor does it represent the stance of the Markets.com platform.When considering shares, indices, forex (foreign exchange) and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss.Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice. Trading cryptocurrency CFDs and spread bets is restricted for all UK retail clients.