Bitcoin Still Reigns, But Don’t Ignore the Bigger Crypto Picture – Says Bitwise CIO💸💸
“BTC is king,” says Bitwise CIO Matt Hougan, but history teaches us that diversification often wins.
He compares Bitcoin’s current dominance to Google in 2004—hugely successful, yet later outperformed by category leaders like Amazon and Netflix. Similarly, blockchains are general-purpose technologies, not just stores of value, much like how the internet evolved beyond search.
Ethereum’s recent 40% weekly surge is a reminder: market narratives can shift quickly, and new use cases are gaining traction.
Don’t stress about picking the next winner. Focus on the bigger picture and consider broad crypto exposure—just like index investing in traditional markets.