Bitwise Chief Investor: Regardless of who wins the election, the cryptocurrency market will rise, and ETH and altcoins are more susceptible to regulatory influence after the election
Matt Hougan, the chief investment officer of Bitwise, a crypto asset management company, believes that the regulatory environment of Bitcoin is improving, and whether Trump or Kamala Harris is elected as President of the United States will not change this trend, which is not only beneficial to Bitcoin, but also to other crypto currencies.
The price of Bitcoin has risen to a near historical high in recent days, driven in part by the momentum brought by the US presidential election (scheduled for November 5th).
"Of course, in the short term, cryptocurrencies prefer Trump to He Jinli, but in fact, Bitcoin does not need Washington to succeed." Hougan said in an interview with Yahoo Finance on Wednesday: "Institutions are entering this field, the adoption rate is rising, and ETF capital flows are taking place. I think they will rise in any case."
Regulatory clarity
Having said that, Matt Hougan believes that Trump's victory will have a greater impact on Ethereum and other counterfeit coins. "Regulatory clarity is actually more important for the so-called counterfeit coins.". He said:
"These coins are more vulnerable to regulatory risks, so I expect that if Trump wins the election, the counterfeit coins will rebound, even more than the bitcoin. However, I think both will rise."
Hougan stated that due to the US Securities and Exchange Commission (SEC) and Commodity Trading Commission (CFTC) declaring Bitcoin as a commodity and accepting Bitcoin spot ETFs, Bitcoin already has clearer regulation than Ethereum and other digital assets. He said that this is not the case for Solana ($SOL), Aptos ($APT), and other altcoins.
Hougan said, "I speculate that if we have a new SEC, it will become clear and drive institutions to adopt it, and we will see a situation of rising tide." He expects that in either case, 2025 will be better for cryptocurrencies than 2024.
data source
(责任编辑:私募资讯)
- ·Bitget Wallet Lite 上线后迅速突破 300 万用户,成为增长最快 Telegram 多链钱包
- ·ZCL什么价格
- ·一比特币的价格
- ·姚明辞去中国篮球协会主席职务
- ·非专业报考税务师要开工作证明吗
- ·光弘科技收盘跌2.5%,主力资金净流出5.29亿元
- ·zeus币行情
- ·广联达收盘跌4.63%,主力资金净流出7373.12万元
- ·比特币分叉价格
- ·豪恩汽电:控股股东拟增持不低于 4000 万元且不超过 8000 万元公司股份
- ·币久网钱包
- ·虚拟货币交易所芝麻交易所app最新下载-芝麻交易所DEX交易v6.8.9官网下载
- ·区块链交易所开发
- ·帝国科技集团(00776.HK)附属拟购买及收取600台电脑设备
- ·税负率按年算还是按月算
- ·友邦保险(01299)10月31日斥资6166.03万港元回购99.68万股
- · 数字货币交易所
- · 加密货币交易所
- · 数字货币交易平台app
- · okx网页版
- · 虚拟货币交易平台排名
- · 全球三大虚拟货币交易平台
- · 虚拟货币交易
- · 数字货币交易app
- · 虚拟货币交易平台排名
- · 十大虚拟货币交易平台app