Bitwise CIO Highlights Potential Market Rebound Driven by Ethereum Upgrade

According to BlockBeats, Bitwise Chief Investment Officer Matt Hougan has noted that the current market downturn has led to the oversight of significant developments, such as the increasing value capture capabilities of UNI, ETH, and XRP. Hougan believes that the market will soon reassess the positive impact of the Ethereum Fusaka upgrade, especially if it is delivered as expected on December 3. He considers this upgrade an underestimated catalyst that could contribute to Ethereum leading the next crypto market rebound.