According to Bitwise CIO Matt Hougan, the traditional four-year crypto cycle has concluded due to major institutional investments.
Announcement of Cycle Conclusion
Matt Hougan announced on July 25, 2025, that the traditional four-year cyclical approach to cryptocurrencies is obsolete due to the significant influence of institutional players. This shift suggests a more sustained growth pattern in the crypto market with reduced volatility.
Impact of Institutional Investments
Hougan noted that the dominance of institutional actors and the approval of Bitcoin ETFs have fundamentally altered the rhythm of the crypto market, indicating a dramatic shift away from the cyclical boom-bust paradigm that characterized previous markets.
Future Outlook
Experts predict sustained growth extending into the upcoming years, aligning with increased institutional interest and supportive regulatory frameworks. Hougan anticipates a booming 2026 for the crypto landscape driven by broader adoption.
The changes occurring within the cryptocurrency ecosystem are expected to lead to more resilient market structures and expanded segments, promising more stable investment opportunities for new investors.
