Bitcoin’s Next Big Lift Could Come From Hyperliquid and Robinhood

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Bitwise predicted that Hyperliquid and Robinhood TradFi ventures should form the basis for a crypto bull-market comeback that would lift Bitcoin and Ether.

Bitcoin (BTC) is “finally showing signs of a bottom,” but the next bull market will have a different source.

TradFi integrations, particularly Hyperliquid and Robinhood, will drive the next crypto bull market, says Bitwise’s Matt Hougan.

The resulting tide should “lift” the largest cryptocurrencies with it, including Bitcoin and Ether.

Apparent demand for BTC is already showing signs of reversal, per Bitwise data.

Hyperliquid, Robinhood catalyst to “lift most of” crypto sector

In a blog post on Wednesday, Matt Hougan, chief investment officer at crypto asset manager Bitwise, revealed his picks for what will “lift” BTC price action going forward.

BTC/USD is gaining ground against US stocks, Hougan notes, but investors should look elsewhere for the next long-term crypto comeback.

“So how should you start positioning for the new bull market?” he queried.

“By looking at two entities that are leading this convergence from opposite sides: Hyperliquid (HYPE) and Robinhood (HOOD).”

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