Bitwise CIO: Bitcoin and other risk assets decline, value stocks relatively resilient

Odaily Odaily reports that Bitwise Chief Investment Officer Matt Hougan stated that despite strong U.S. employment data, not only cryptocurrencies but nearly all asset classes are currently weakening overall, while value-style sectors are performing relatively firmly. Market sentiment is concerned that several upcoming large-cap tech IPOs may mark a阶段性 top for the current tech stock rally, and this sentiment may continue to ferment over the coming weeks. However, he believes that in the long term, this does not signify the peak of the tech sector's upward trend.