• Thu. Nov 28th, 2024

Bitwise CIO Matt Hougan: Crypto Market Not Bullish Enough After Recent Bitcoin Conference and Pro-Crypto US Government Support

Aug 1, 2024

Matt Hougan, Chief Investment Officer of Bitwise Asset Management, expressed concerns that the cryptocurrency market is 'not bullish enough,' particularly in light of increasing political endorsements for pro-crypto policies in the United States.

Hougan emphasized that the market has not fully absorbed the potential impact of a supportive US government on digital assets, suggesting that optimism may be warranted given the shifting political landscape. His remarks were made during a recent Bitcoin conference, highlighting the intersection of politics and cryptocurrency investment sentiment.

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[Source: TheDefiant]

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