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:财经专题)
- ·火币网c2
- ·比特币突破105,000美元,距离历史新高仅一步之遥
- ·手机贷app还款了可以继续借吗?
- ·比特币交易怎么样
- ·什么节什么意思-什么节什么意思网络用语
- ·弗洛林金币价格-弗洛林金币价格一览表
- ·楼盘不支持公积金贷款怎么办?有什么解决办法吗?
- ·固定资产进项税折旧吗
- ·Metis & ABGA 合作推出与 Google Cloud 共同推动的 GameFi Quantum Leap 加速器计划
- ·以太坊钱包命令
- ·FTX claims website opens STEP 7 tax registration procedure, easy to teach and quickly complete
- ·怎么注册币团
- ·火币比特币分叉
- ·手机贷还清分期之后还可以再次申请吗?我刚还完又遇到急事了。
- ·火币打不开
- ·币中国交易平台
- · OK交易所官网入口登录
- · 欧亿交易所怎么样。
- · 虚拟货币交易平台排名
- · okx网页版
- · 数字货币交易app
- · 数字货币交易所
- · 0kx交易所官网
- · 数字货币交易平台app
- · 亿欧app下载
- · 易欧app官网下载