Bitwise CIO cites ‘the four-year cycle’ for losses

By CNBC
February 10, 2026, 3:10 PM EST
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(CNBC): Crypto asset manager points to the four-year cycle as the main reason for bitcoin’s recent drop.

A leading crypto asset manager explains that bitcoin’s recent decline is primarily due to the four-year cycle phenomenon. Despite various factors contributing to the drop, investor interest in alternative assets like gold and AI stocks has diverted attention from cryptocurrencies. The firm remains optimistic about the future of crypto ETFs, believing that the current market situation is a temporary setback.

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