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Wall Street Downplays Binance Hack as Bitwise Sees “Recovery In a Week”

News.Bitcoin.com
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Wall Street Downplays Binance Hack as Bitwise Sees “Recovery In a Week”

Wall Street analysts are telling clients to buy the dip after the $6.3 billion Binance hack, and Bitwise CIO Matt Hougan expects bitcoin’s price to recover fairly soon. Hougan Calls the Hack a Mere ‘Blip’ Hougan, chief investment officer at crypto asset manager Bitwise, played down the damage, stating: This hack has not changed anything […]

Key Takeaways

  1. Wall Street analysts are telling clients to buy the dip after the $6.3 billion Binance hack, and Bitwise CIO Matt Hougan expects bitcoin’s price to recover fairly soon.
  2. Hougan Calls the Hack a Mere ‘Blip’ Hougan, chief investment officer at crypto asset manager Bitwise, played down the damage, stating: This hack has not changed anything […]
  3. Read the full article for additional context and details.
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.