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:货币)
- ·HTX DAO大使Molly出席香港RWA投融资大会:DAO治理与RWA资产如何成为重塑全球金融架构的文明接口
- ·手机无限币挖矿软件
- ·虚拟币全球行情软件
- ·星宇股份收盘涨2.3%,主力资金净流入4933.2万元
- ·股票除息日后
- ·meme币官方版最新下载 memeBIAN卓最新手机
- ·巨鲸平仓HYPE空单损失超2300万美元
- ·社区团购概念31日主力净流出5.75亿元,永辉超市、双汇发展居前
- ·bts数字币今日行情
- ·USDT交易平台iOS版v6.8.3下载-苹果下载USDT官方交易所2023
- ·pi币价格今日行情-pi币价格今日行情图
- ·中国三大虚拟货币交易平台 中国三大虚拟货币交易平台是哪三个
- ·请问光大银行信用卡二卡一般额度多少啊?
- ·山东药玻收盘跌1.18%,主力资金净流出2444.13万元
- ·特朗普加征关税致全球市场下跌
- ·为什么amd显卡挖矿 为什么amd显卡挖矿那么快
- · 易欧app官网下载
- · 虚拟货币交易平台有哪些
- · 欧易交易所 电脑
- · 十大虚拟货币交易平台app
- · 欧易正规
- · okcoin下载官方app
- · 欧亿app官网正式版下载
- · 欧亿交易所怎么样。
- · 亿欧交易所下载
- · okx交易所app官网链接