Worries over Strategy and interest rates have pressured crypto, but Bitwise’s Matt Hougan argues the shakeout is setting up a new rally.

Bitcoin fell to a two-week low price Wednesday as Strategy shares dove below the $100 mark for the first time since March 2024.

Bitcoin nears $60K as a two-day Nasdaq selloff spills into crypto markets. Fear and Greed Index hits 17 with ETH, SOL, and XRP all declining.