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Bitwise CIO sees crypto’s golden age beginning with Trump’s win

Author: Content Editor
Bitwise CIO, Matt Hougan, believes that the cryptocurrency industry will experience major changes in both regulation and market dynamics following the victories of Donald Trump in the primary elections. He expects significant policy changes within the first 100 days of a potential new administration. Hougan claims that the crypto industry has been operating with limitations due to SEC enforcement actions and regulatory uncertainty. He also highlights bullish indicators in the crypto market, such as increasing institutional investment, growing real-world applications, and $23 billion in net flows into Bitcoin ETFs this year. Additionally, Hougan mentions the mounting US government debt and cautions investors to be selective in the crypto market. He congratulates early adopters of crypto for their role in bringing the industry to this pivotal stage.

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