Bitcoin may be quietly setting the stage for a major move, according to Bitwise CEO Matt Hougan, who sees its recent stability amid global market turbulence as a powerful signal.
As geopolitical tensions rise—especially with the reintroduction of steep U.S. tariffs under Donald Trump—traditional markets have taken a hit, yet Bitcoin has held its ground.
In a recent interview, Hougan pointed to the stark contrast between Bitcoin’s current behavior and its dramatic crash during the 2020 pandemic. Back then, the cryptocurrency plunged below $5,000. Now, he says, it’s showing maturity and resilience, thanks in part to a wider base of institutional holders. For Hougan, this suggests that once volatility in the broader market subsides, Bitcoin could be headed back toward record highs.
He emphasized that the current landscape is different—Bitcoin is no longer just a retail-driven asset. The growing participation of institutional investors has changed its profile, making it less reactive to short-term panic and more likely to benefit from macroeconomic shifts.
Bitwise has recently rolled out new investment products to tap into crypto’s volatility in a more controlled way. Among them are covered call strategies focused on crypto-heavy companies like MicroStrategy, Coinbase, and Marathon. These offerings are designed to generate yield by writing options on high-volatility stocks tied to the digital asset space.
One of the standout performers, according to Hougan, has been their MicroStrategy-focused product, which is gaining traction among investors seeking both income and crypto exposure. He believes this kind of strategy reflects a broader shift in how investors approach the sector—not just for growth, but also for portfolio stability and returns.
On a broader economic level, Hougan sees Bitcoin as well-positioned in the evolving global financial system. As concerns mount over fiat currencies and the dominance of the U.S. dollar, he argues that Bitcoin stands to benefit. “In a world where traditional currencies are under pressure, Bitcoin becomes increasingly relevant,” he said.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
Source: https://coindoo.com/bitcoin-stability-sparks-optimism-for-new-highs-says-matt-hougan/