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:基金工具)
- ·云币网怎么把币提出来 以前云币网的币怎么提出来
- ·澳洲央行CBDC试点成功!用以太坊Layr2完成首笔AUD外汇
- ·云币行情怎么看-云币现在的价格是多少
- ·USDT钱包6月抢先版下载-USDT钱包DEX交易v6.3.7官网下载
- ·taibi交易所被抓-太币交易所app
- ·浙江东方收盘涨6.77%,主力资金净流入5536.57万元
- ·梅雨时节是什么时候-上海的梅雨时节是什么时候
- ·鼎捷数智收盘跌0.87%,主力资金净流出2786.6万元
- ·公司买轿车可以抵扣增值税吗
- ·南方精工收盘涨10.05%,主力资金净流入9252.03万元
- ·鼎及贷如何提额度?有没有具体的操作步骤。
- ·光学光电子行业31日主力净流出42.62亿元,欧菲光、TCL科技居前
- ·btc减半行情
- ·u币交易平台
- ·qt钱包网络设置-qtc钱包
- ·寒武纪-U收盘涨1.88%,主力资金净流入1.07亿元
- · 加密货币交易所
- · 数字货币交易所
- · okx网页版
- · okx官方
- · 数字货币交易平台app
- · 虚拟货币交易平台有哪些
- · 数字货币交易app
- · 虚拟货币交易平台排名
- · 虚拟货币交易平台排名
- · 虚拟货币交易