Bitwise’s chief investment officer, Matt Hougan, suggests that US President Donald Trump’s proposed crypto reserve will primarily consist of Bitcoin, despite initial inclusion of other altcoins like Solana, XRP, and Cardano. Market reactions have been mixed, with concerns that the diverse range of assets complicates the plan. While Bitcoin’s price surged initially, it later dipped ...
According to Matt Hougan, Chief Investment Officer at Bitwise, although US President Donald Trump initially planned a crypto reserve that includes several altcoins, it is expected that the reserve will mainly consist of Bitcoin. Hougan believes that the Market misunderstood the inclusion of smaller cryptocurrencies, which complicated the situation. He anticipates that Bitcoin will dominate ...
Bitcoin’s price recently struggled to regain the $85,000 mark after falling due to tariff concerns, currently sitting at $83,508.78, which is 23% below its all-time high. This decline occurred despite heightened optimism around President Trump’s announcement of a U.S. crypto reserve, which had initially fueled a Market rally. While smaller cryptocurrencies like XRP and Cardano ...
