Crypto ‘got a passing grade’ on weekend crash: Bitwise’s Matt Hougan

Bitwise CIO Matt Hougan has praised DeFi platforms for their resilience during the weekend fallout, calling the market’s recovery a sign of strength.

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💡 DMK Insight

Hougan's remarks on DeFi platforms underscore a crucial lesson in market dynamics: resilience can often be a precursor to long-term stability. As investors grapple with volatility, the ability of decentralized finance to bounce back suggests a growing confidence in its foundational principles. This resilience not only reinforces the value proposition of DeFi but also signals a shift in how traditional finance may view these platforms moving forward.