Bitcoin's (CRYPTO: BTC) tame reaction to a $100 million cold storage hack has prompted market observers to argue that institutional adoption, ETFs and changing custody habits have made it less sensitive to industry-specific shocks. “All the sellers have left“ In an interview with Scott Melker on Aug. 4, Bitwise executives Matt Hougan and Ryan Rasmussen, alongside Arch Public CEO Tilman Holloway, discussed Bitcoin's stability despite uncertainty in broader markets.