Bitcoin crash: Bitwise CIO cites 'the four-year cycle' as No. 1 reason for losses

A multibillion-dollar crypto asset manager cites several reasons for the bitcoin plunge, but he's listing "the four-year cycle" as the No. 1 downward catalyst.According to Matt Hougan, chief investment officer at Bitwise Asset Management, it's a phenomenon that's happened three other times in the crypto market."People are looking for one thing to blame for the current retracement in bitcoin. But there is not any one thing to blame," he told "ETF Edge" on Monday.Hougan contends investors have been favoring o ...