According to Pantera Capital CEO Dan Morehead, the crypto winter is over and has been for a few months. The recent bear market ended on Nov. 21, after 376 days - longer than the median bear market length of 307 days. Although Bitcoin saw a drawdown of 77%, compared to the median bear market amount of 73%, Pantera believes the lows are behind us and the next bull market cycle is already underway, regardless of interest-rate-sensitive asset classes.
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