Bitwise CIO declared the "altcoin season" is over. He warned that Bitcoin could dip to $60,000 (₹55.17 lakh) as the US government will likely continue "money printing" to fund the war in Iran, driving inflation. Hougan believes the new "non-trading" altcoin season will favour tokens with real-world utility. He added that a March rate cut is unlikely, suggesting rates will remain higher.