$BITW BLEEDS 30% WHILE CRYPTO LAYOFFS PILE UP ACROSS THE BOARD đŽ
The bleeding is real. Bitwise cut 25 jobs, slimming to 155 staff, while the Bitwise 10 Crypto Index Fund bled over 30% since January. đ This isn't one firm's struggle â the whole sector is tightening. Coinbase, BitGo, Robinhood, Polygon all followed suit in 2026. đ©ž
But here's the twist worth noting: Hunter Horsley still sees long-term growth, and Bitwise keeps expanding â the Chorus One acquisition in February proves smart money builds during downturns. đĄ When firms shed fat in weak markets, survivors often emerge sharper.
The 30% drawdown could be the reset that sets up the next leg. đ Are you treating this bloodbath as a buying window or a warning sign of deeper pain? đŹ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #BITW #CryptoLayoffs #BearMarket #MarketReset #Crypto
đ» đ©ž
The bleeding is real. Bitwise cut 25 jobs, slimming to 155 staff, while the Bitwise 10 Crypto Index Fund bled over 30% since January. đ This isn't one firm's struggle â the whole sector is tightening. Coinbase, BitGo, Robinhood, Polygon all followed suit in 2026. đ©ž
But here's the twist worth noting: Hunter Horsley still sees long-term growth, and Bitwise keeps expanding â the Chorus One acquisition in February proves smart money builds during downturns. đĄ When firms shed fat in weak markets, survivors often emerge sharper.
The 30% drawdown could be the reset that sets up the next leg. đ Are you treating this bloodbath as a buying window or a warning sign of deeper pain? đŹ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #BITW #CryptoLayoffs #BearMarket #MarketReset #Crypto
đ» đ©ž