Bitwise CIO: The crypto market has bottomed out; watch for a new bull market in HYPE and HOOD.

According to Odaily Planet Daily, Bitwise Chief Investment Officer Matt Hougan stated in an article on the X platform that the crypto market has shown signs of bottoming out. Since July 1st, Bitcoin has risen by 9%, while the Nasdaq 100 index has fallen by 6%, ETF inflows have turned positive, and market sentiment is improving. He further stated that the next bull market in crypto should focus on Hyperliquid (HYPE) and Robinhood (HOOD), as they are exemplary in combining traditional finance and cryptocurrency. Hyperliquid is a crypto-financial application with real revenue and a sound token economic model, while Robinhood is an outstanding company among existing firms building a business on crypto technology.