Wall Street Downplays Binance Hack as Bitwise Sees ‘Recovery In a Week’
October 31, 2026 · 10:30 AM
Wall Street analysts are telling clients to buy the dip after the $6.3 billion Binance hack, and Bitwise CIO Matt Hougan expects bitcoin’s price to recover fairly soon. Hougan Calls the Hack a Mere ‘Blip’ Hougan, chief investment officer at crypto asset manager Bitwise, played down the damage, stating: This hack has not changed anything […]
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