Matt Hougan, Bitwise’s director of investments, stressed that President Trump’s recent decree has the potential to modify the conventional four-year pace of the cryptocurrency market. Hougan developed this expected influence in a note addressed to …
Matt Hougan, Bitwise’s director of investments, stressed that President Trump’s recent decree has the potential to modify the conventional four-year pace of the cryptocurrency market. Hougan developed this expected influence in a note addressed to stakeholders.
What does the executive decree include?
The decree, named “strengthening American leadership in digital financial technology”, focuses on promoting stablecoins, reducing regulatory charges on cryptographic assets and assessing the creation of a national cryptocurrency reserve.
How will it affect the market cycle?
– The decree can promote innovation in cryptographic markets.
– A group of more diverse buyers is becoming.
– Hougan predicts that any market correction could be less serious than in previous years.
As the cryptocurrency landscape is evolving, investors must remain vigilant. The real implications of the decree will become more apparent over time, creating an anticipation on the way in which market dynamics will move in the years to come.
