According to Bitwise, crypto markets exhibited signs of a bear market bottom during Q4. Despite strong fundamentals, the markets performed poorly, a situation similar to early 2023. The development is according to Bitwise's Matt Hougan, who noted the similarities to the period when crypto rebounded from the lows of 2022. The analysis suggests a potential turning point in the market, mirroring previous patterns of recovery following downturns.

According to Bitwise, crypto markets exhibited signs of a bear market bottom during Q4. Despite strong fundamentals, the markets performed poorly, a situation similar to early 2023. The development is according to Bitwise's Matt Hougan, who noted the similarities to the period when crypto rebounded from the lows of 2022. The analysis suggests a potential turning point in the market, mirroring previous patterns of recovery following downturns.