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Milk Road Crypto

Milk Road Crypto

Matt Hougan: Crypto Is Down 50%… Wall Street Is ALL-IN

Milk Road Crypto · Aug 13, 2026 · 40:16

0:0040:16

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Is the Bitcoin bottom already in, or does crypto have another leg lower before the next bull run? In this episode of the Milk Road Show, Bitwise CIO Matt Hougan joins John Gillen to explain why Bitcoin’s unusually quiet price action could actually be a bullish signal, and why institutional crypto adoption continues to accelerate despite the bear market. Matt breaks down why “bear markets die in apathy,” what Bitcoin’s resistance to bad news could be telling investors, and whether waiting for a widely anticipated October bottom could be a mistake. He also explains how he thinks about buying Bitcoin today versus DCAing into a position. But the bigger story may be what’s happening behind the scenes on Wall Street.


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🎙 GUEST INFO 🎙

Matt Hougan: https://x.com/Matt_Hougan

Bitwise: https://x.com/Bitwise


📃 Disclaimer 📃

The information presented in this video is for educational and informational purposes only. It should not be considered as financial, legal. The views and opinions expressed by the speakers, are their own and do not constitute professional advice. Investing in cryptocurrencies carries significant risks, including the potential for substantial losses.

Episodes: Milk Road Crypto

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