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:经济数据)
- ·超级真菌概念31日主力净流出4901.15万元,恒瑞医药、普利制药居前
- ·10月31日海通量化价值精选一年持有混合C净值下跌0.08%,近1个月累计下跌1.63%
- ·10月31日广发盛兴混合A净值下跌0.31%,近1个月累计上涨2.34%
- ·游族网络收盘涨0.2%,主力资金净流出2388.74万元
- ·10月31日安信新价值混合C净值下跌0.18%,近1个月累计下跌0.64%
- ·10月31日华富竞争力优选混合C净值增长1.15%,近3个月累计上涨16.84%
- ·10月31日浦银安盛环保新能源C净值下跌0.11%,今年来累计下跌8.49%
- ·常熟汽饰收盘跌0.14%,主力资金净流出2596.35万元
- ·10月31日博道嘉兴一年持有期混合净值下跌0.63%,近1个月累计下跌0.22%
- ·超导概念31日主力净流出6.13亿元,沃尔核材、精达股份居前
- ·10月31日中邮核心科技创新灵活配置混合净值增长1.83%,近3个月累计上涨22.88%
- ·10月31日博时回报严选混合C净值下跌0.23%,今年来累计下跌3.03%
- ·10月31日博时博盈稳健6个月持有期混合A净值增长0.08%,近3个月累计上涨4.81%
- ·10月31日长安宏观策略混合C净值增长1.72%,近3个月累计上涨14.5%
- ·中微半导收盘涨8.17%,主力资金净流入3581.82万元
- ·建发股份收盘跌0.53%,主力资金净流出3192.87万元
- ·华凯易佰收盘跌1.39%,主力资金净流出2089.1万元
- ·赢合科技收盘涨5.43%,主力资金净流入3799.57万元
- ·10月31日广发恒荣三个月持有期混合A净值增长0.21%,近3个月累计上涨4.1%
- ·芝麻交易所ouyi加密货币钱包在线下载-芝麻交易所web3钱包免费版v6.3.7安装地址