BitWise Chief Investment Officer (CIO) Matt Hougan says that the crypto markets undervalue the policy change of the US government with regard to digital assets.
In a new interview with Natalie Brunell, Hougan says that the buying option in Crypto is now one of the best ever, because the regulatory landscape has been dramatically shifted under US President Donald Trump.
“I think the market will include the change in Washington. That is actually surprising to me. I know that Bitcoin has torn from $ 70,000 to $ 100,000, but I think the change is much greater than that. I look at what is happening, not only in Bitcoin, but in Defi (decentralized finances), even in Alt Laagen is the market. For the past four years you cannot imagine how challenging it was …
You look at what happened at the SEC (US Securities and Exchange Commission), which withdraws, withdraws to the Coinbase right case, which withdraws over the Uniswap -Rechtszaak, I think that only the Rebound for that is 2x to 3x more than what we have seen on the market so far. So I think I am surprised that people have not felt that difference and intuition, but now I acknowledge that it is because they did not know how bad we were, and so how open the market is now. ”
Hougan says that the cryptom markets show strong Fundamentals and he predicts that companies and sovereign wealth funds will increasingly buy Bitcoin (BTC).
“I think it’s a great buying option in the long term. I saw a tweet from Avichal yesterday [Garg] From electric capital that said: ‘Chances are the basic principles, minus perception’ and the chance has never been so greater in crypto if you use that math …
Every time you see another company say that the Bitcoin puts on its balance that a different kind of pebbles in the pond that lifts the tide. So there will be a lot of this kind of slow turn. I think if we see more sovereigns coming out, I think that might be the spark or catalyst, but I think it is more a slow bull market. “
https://www.youtube.com/watch?v=twr_naxfpsg
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