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Bitwise CIO: ETH may lead the crypto market rebound, and the December Fusaka upgrade is an important catalyst.
On November 23, Bitwise Chief Investment Officer Matt Hougan stated, “The current market pullback has caused a lot of information to be overlooked, such as the increasing value capture ability of UNI, ETH, and XRP. I believe the market will soon start to reprice around the favourable information of the Ethereum Fusaka upgrade, especially if it can deliver as expected on December 3. This is an underestimated catalyst and one of the reasons why Ethereum may lead this round of crypto market rebound.”