{"id":89923,"date":"2025-10-15T15:58:37","date_gmt":"2025-10-15T12:58:37","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=89923"},"modified":"2025-10-15T16:00:16","modified_gmt":"2025-10-15T13:00:16","slug":"bitwise-cio-assesses-impact-of-record-liquidations-on-crypto-markets-long-term-trend","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitwise-cio-assesses-impact-of-record-liquidations-on-crypto-markets-long-term-trend\/","title":{"rendered":"Bitwise CIO Assesses Impact of Record Liquidations on Crypto Market&#8217;s Long-Term Trend"},"content":{"rendered":"<p>The recent <a href=\"https:\/\/forklog.com\/en\/news\/black-saturday-11-october-what-happened\">crypto market crash<\/a> will not affect the long-term bullish trend, according to Matt Hougan, Chief Investment Officer at Bitwise, in his <a href=\"https:\/\/experts.bitwiseinvestments.com\/cio-memos\/big-or-blip-three-questions-after-the-flash-crash\">analysis<\/a>.<\/p>\n<p>He stated that the decline was triggered by cascading liquidations rather than fundamental issues.<\/p>\n<p>The sharp movement began following Donald Trump&#8217;s announcement of a potential 100% tariff on Chinese goods. Traders reacted by selling off in the crypto market as stock exchanges were closed.<\/p>\n<p>Bitcoin&#8217;s price fell by 15%, and some altcoins, like <a href=\"https:\/\/forklog.com\/en\/news\/what-is-solana-sol\">Solana<\/a>, temporarily dropped by about 40%. The decline led to automatic liquidations of leveraged trader positions, further driving down prices. The total liquidation amount approached $20 billion. However, the market quickly rebounded.<\/p>\n<p>Hougan believes the event had no serious consequences. He identified three key factors for assessing the situation:<\/p>\n<ol class=\"wp-block-list\">\n<li><strong>Collapse of major players.<\/strong> According to Bitwise, the main losses were borne by retail investors. Large funds and <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-market-maker\">market makers<\/a> were unaffected.<\/li>\n<li><strong>Technology performance.<\/strong> Blockchains withstood the stress test. DeFi platforms like <a href=\"https:\/\/forklog.com\/en\/news\/what-is-uniswap-uni\">Uniswap<\/a> and <a href=\"https:\/\/forklog.com\/en\/news\/what-is-aave\">Aave<\/a> operated without issues; some centralized exchanges experienced problems.<\/li>\n<li><strong>Investor reaction.<\/strong> Hougan noted the absence of panic among professional investors. He emphasized that he did not receive a large number of messages from clients, unlike journalists.<\/li>\n<\/ol>\n<p>According to Hougan, fundamental growth drivers\u2014regulation, institutional capital inflow, and technology adoption\u2014remain intact. He expects the bullish market to continue after a brief period of volatility.<\/p>\n<p>Earlier, trader Peter Brandt stated that Bitcoin&#8217;s price <a href=\"https:\/\/forklog.com\/en\/news\/peter-brandt-one-more-shakeout-before-bitcoin-tops-125100\">will exceed $125,000<\/a> after another decline.<\/p>\n<p>Head of Research at K33, Vetle Lunde, <a href=\"https:\/\/forklog.com\/en\/news\/options-market-suggests-bitcoin-could-reach-130000\">views<\/a> the drop in digital gold&#8217;s price as a good market entry opportunity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The recent crypto market crash will not affect the long-term bullish trend, according to Matt Hougan, Chief Investment Officer at Bitwise.<\/p>\n","protected":false},"author":1,"featured_media":89924,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Bitwise CIO says recent crypto crash won't affect long-term bullish trend.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,949,1138],"class_list":["post-89923","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-bitwise","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"145","promo_type":"1","layout_type":"1","short_excerpt":"Bitwise CIO says recent crypto crash won't affect long-term bullish trend.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=89923"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89923\/revisions"}],"predecessor-version":[{"id":89925,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89923\/revisions\/89925"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/89924"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=89923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=89923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=89923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}