Dogecoin Co-Founder Predicts 3-4 Year Bear Market
DigitaltODAY's AI Reporter quotes Dogecoin co-founder Billy Markus, who recently noted that the crypto bear market has historically lasted 3-4 years, describing it as a boring period rather than a frightening one. Markus, who did not name specific cryptocurrencies, stated that the market's prolonged downturn is more about tedium than fear. When asked about the typical duration, he responded that historically it spans 3-4 years, though no one can be certain. The crypto market remains in a sideways trend, with altcoins trading near historic lows, indicating severe underperformance. However, the market continues to face rapid selling even after minor rebounds, with low trading volumes and cautious investor sentiment. Market participants are adopting a defensive stance, reducing leverage usage.