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:商业)
- ·usdt交易平台排名 usdt平台排名全球
- ·10月31日融通红利机会主题精选混合C净值增长0.21%,近3个月累计上涨0.77%
- ·sc什么货币
- ·三亚什么天气游玩最好-三亚什么天气游玩最好玩
- ·比特币什么时候跌
- ·10月31日招商品质生活混合C净值增长0.11%,近3个月累计上涨9.86%
- ·玖富万卡放款失败了,该怎么办呢?
- ·个税系统里的减除费用标准是多少
- ·如何购买和交易Phoenix Global (new) (PHB) 的指南
- ·比特币跌向关键支撑位,PI 价格每日暴跌 27%(市场观察)
- ·个人所得税怎么切换城市
- ·10月31日财通智慧成长混合C净值增长0.51%,今年来累计上涨35.17%
- ·新税改稿酬如何退税
- ·Ramp DeFi (RAMP)哪里可以买?Ramp DeFi (RAMP)在哪些交易平台买?
- ·QCP Capital分析美国经济数据及比特币市场动态
- ·10月31日西部利得港股通新机遇混合C净值下跌1.69%,今年来累计下跌10.25%
- · 十大虚拟货币交易平台app
- · 虚拟货币交易平台排名
- · 加密货币交易所
- · 数字货币交易平台app
- · okx官方
- · okx网页版
- · 数字货币交易所
- · 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