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:百科资讯)
- ·火币以太经典
- ·btok发行价多少
- ·单位社保怎么入账
- ·熵交易平台
- ·什么西湖那个什么烟-西湖烟好抽吗
- ·比特股的钱包-比特股钱包网页版
- ·火币区块
- ·RPL 实验室公布了 RP Ldgr 的智能合约侧链 将对山寨币有何影响
- ·蚂蚁币怎么注册 蚂蚁币怎么注册账号
- ·日本交易所bitFlyr开始实行Travl Rul _ 资金移动规则
- ·拍拍贷审核超过一天了是为什么,应该如何申请贷款?
- ·美国银行公布第二季度收益报告 持有1.66亿美元的加密货币
- ·微粒贷是骗人的吗?对微粒贷比较感兴趣,想要了解一下。
- ·涨跌交易平台
- ·天气有什么有什么-天气有什么有什么填空
- ·如何预约公积金提取-如何预约公积金提取业务
- · 亿欧app下载
- · 亿欧交易所下载
- · 加密货币交易所
- · 欧亿app官网正式版下载
- · 全球三大虚拟货币交易平台
- · 数字货币交易app
- · okx网页版
- · 数字货币交易所
- · 虚拟货币交易
- · 十大虚拟货币交易平台app