#Bitcoin May Rule Now But History Favors Diverse Crypto Bets, Says Bitwise


Bitwise CIO Matt Hougan argues that while "$BTC is king," investors should consider diversified #crypto exposure based on historical parallels.


Hougan compared $BTC dominance to Google in 2004, noting that while Google performed exceptionally well, other category leaders like Amazon and Netflix ultimately outpaced it.


#Blockchains function as general-purpose technology supporting various applications beyond store of value, similar to how the internet expanded beyond search.


$ETH recent 40% weekly surge highlights how market narratives can shift toward additional use cases beyond $BTC store of value thesis.


"Don't fret about picking winners; invest in the big picture," Hougan advises, pointing to the historical underperformance of actively managed equity funds.

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May 14, 2025 at 3:38 PM
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