Bitcoin’s recent rally is largely fueled by Strategy purchases: Bitwise’s Hougan

Bitcoin’s recent rally is largely fueled by Strategy purchases: Bitwise's Hougan

While Bitcoin exchange-traded funds and whale buying have contributed to the recent Bitcoin rally, the key driver has been consistent buying by Michael Saylor’s treasury firm, Strategy, according to Bitwise’s chief investment officer.

bitcoin
Bitcoin (BTC) $ 77,281.00
ethereum
Ethereum (ETH) $ 2,330.09
tether
Tether (USDT) $ 0.999812
bnb
BNB (BNB) $ 628.09
xrp
XRP (XRP) $ 1.40
solana
Solana (SOL) $ 84.95
dogecoin
Dogecoin (DOGE) $ 0.102081
chainlink
Chainlink (LINK) $ 9.38
shiba-inu
Shiba Inu (SHIB) $ 0.000006
nexo
NEXO (NEXO) $ 0.896924
enjincoin
Enjin Coin (ENJ) $ 0.058332
cardano
Cardano (ADA) $ 0.249799