Matt Hougan of Bitwise highlighted that Trump’s recent crypto executive order challenges the traditional four-year market cycle, proposing an increase in Bitcoin’s price to over 200,000 USD by 2025. This shift is driven by institutional investment and the introduction of more ETFs.
While Hougan warns of market excess and potential pullbacks, he believes the transformative regulatory framework promised by the order could maintain bullish momentum in the crypto sector. He anticipates a more profound integration of digital assets into the mainstream market.