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Bitcoin Smashes Through $85,000 Barrier Amid Crypto Winter Debate

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Bitcoin has reached its highest level since late January, trading above $85,000 on Monday.

This comes as investors and experts weigh in on whether the 'crypto winter' is truly over. According to Matt Hougan, CIO at Bitwise, the market may be on the cusp of a strong bull run that could last for an extended period.

Hougan's comments come despite recent developments, including the Senate's vote to block the Clarity Act from advancing. This legislation aimed to provide clarity and regulation in the crypto space.

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