Venture capitalist Chris Burniske predicts that the United States welcoming a second Donald Trump presidency could mark uncharted territory for the crypto industry. He believes that Bitcoin's four-year cycle, which is based on halving events, may come to an end with a pro-crypto US government. Burniske suggests that the industry could enter a "Goldilocks" period of moderate and sustainable growth, accompanied by steadier returns and reduced market drawdowns. He also expects that the introduction of exchange-traded funds (ETFs) for Bitcoin and Ethereum will provide consistent buying pressure for these assets. While he acknowledges the possibility of future corrections, he believes they will be less severe than past ones. Burniske concludes by expressing optimism that 2025 will be a "great year" for crypto investors.
Content Editor ( dailyhodl.com )
- 2025-01-19
Investor Chris Burniske Sees Crypto Entering ‘Goldilocks Period’ Amid Support From Incoming US Administration
