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:新股)
- ·世界排名数字货币交易所 数字货币五大交易所
- ·欧意易交易平台(v6.1.34)_欧意易官网app交易平台
- ·全球知名排名前九的炒币交易所 2025全球九大数字货币交易所排名
- ·meme币交易所中国版下载 meme币交易所大陆版下载
- ·61路终点站在哪里-61路终点站在哪里坐车
- ·锂电池概念31日主力净流出61.4亿元,中国长城、四川长虹居前
- ·揭阳到深圳多远?开车多久?揭阳到深圳多少公里
- ·ok交易所买币-ok交易所买币需要24小时才能提现吗
- ·O Gate.io官方下载 O最新哪里下载
- ·trc20期权app trc20期权app官方官网v6.5.8
- ·2025虚拟币交易所_数字交易所排名_什么平台可以买瑞波币
- ·复合集流体概念31日主力净流出8854.23万元,沃格光电、胜利精密居前
- ·省考行测到底考多少题?省考行测多少题
- ·新加坡普罗交易所客
- ·泰山自驾游开车到哪里
- ·bitshares钱包
- · oe交易所app下载
- · 欧易交易所 电脑
- · okcoin下载官方app
- · okcoin交易平台
- · ok币
- · 亿欧app下载
- · 加密货币交易所
- · 虚拟货币交易平台排名
- · 虚拟货币交易
- · 亿欧交易所下载