Bitcoin drop looked like a one-off event: Bitwise's Matt Hougan

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Matt Hougan, Bitwise Asset Management CIO, joins 'Squawk on the Street' to discuss the crash of bitcoin yesterday, if bitcoin can continue to rebound higher and Coinbase CEO's comments on the SEC threatening to sue the crypto exchange over its lending product. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

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