👀 Bitwise: Next Crypto Bull Cycle Will Be Slower and Less Volatile 🔹 Bitwise Chief Investment Officer (CIO) Matt Hougan believes that the next crypto market expansion cycle will differ significantly from past ones. In his view, the recovery will play out more slowly and exhibit less volatility due to shifting investor priorities, as shared in a commentary with CoinDesk. 🔹 According to Hougan, institutional market participants and wealth managers are increasingly shifting their focus toward sectors like real-world asset (RWA) tokenization and artificial intelligence (AI), causing direct interest in crypto assets to temporarily cool down. "We've lost investor mindshare to other hot tech trends. I think the upcoming bull market will be slower and less volatile than previous cycles," he stated. 🔹 Despite this trend, Hougan emphasized that long-term interest in Bitcoin among US Registered Investment Advisors (RIAs) continues to hold at record highs.