Published Jul 2, 2026, 6:00 AM ET · Updated 4 months ago · 1 source

THE BLOCK: Bitwise CIO Matt Hougan says "we're nearing the bottom" for bitcoin $BTC. Hougan said Strategy's STRC selloff to $75 is a "painful but necessary" part of the current crypto market cycle rather than a warning sign.

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Original Report

THE BLOCK: Bitwise CIO Matt Hougan says "we're nearing the bottom" for bitcoin $BTC. Hougan said Strategy's STRC selloff to $75 is a "painful but necessary" part of the current crypto market cycle rather than a warning sign.