‘Quantum’ Shift Coming to Crypto As Hostile Regulatory Policies Fade Away: Bitwise CIO Matt Hougan
Bitwise CIO Matt Hougan says that digital assets will likely go through a bullish phase in the next six months as the market digests the new crypto-friendly US presidential administration.
In a post on the social media platform X, Hougan tells his 60,000 followers that the dramatic difference between the previous and current presidential administrations is not yet priced in and that a reevaluation of crypto assets will need to take place.
“On my first road trip of the year speaking with traditional investors. One takeaway: the change in Washington’s attitude toward crypto is not priced in. The reason is, it’s hard for people outside of crypto to imagine just how oppressive the environment has been.
Unless you’ve been…
