Bitwise CIO Highlights Undervaluation of US Policy Shift on Crypto
- Matt Hougan, Bitwise CIO, believes the crypto market undervalues the US government’s policy shift on digital assets.
- Bitcoin’s price increased from $70,000 to $100,000 amid these changes.
- The SEC has recently pulled back on lawsuits against Coinbase and Uniswap.
- Hougan predicts an increase in Bitcoin purchases by companies and sovereign wealth funds.
Matt Hougan suggests that despite Bitcoin’s significant price rise, the market is underestimating the impact of recent regulatory shifts in Washington. He highlights the SEC’s reduced legal actions as a key factor contributing to a potentially greater rebound in crypto markets.
Source (2.6)https://dailyhodl.com/2025/03/20/opportunity-has-never-been-greater-in-crypto-bitwise-cio-says-market-vastly-undervaluing-change-in-washington/?rand=59076
