According to Odaily, Bitwise CEO Hunter Horsley recently shared insights on social media platform X, highlighting notable developments in the cryptocurrency market over the past month. Horsley pointed out that Coinbase's market capitalization has surged by approximately $30 billion, while XRP's market value has increased by around $100 billion.
Horsley emphasized that the shift in U.S. regulatory stance from a headwind to a tailwind represents one of the most significant structural catalysts the crypto industry has experienced. He noted that the impact of this regulatory change is only beginning to unfold, suggesting potential for further growth and transformation within the sector.
These developments underscore the dynamic nature of the cryptocurrency market, where regulatory shifts can have profound effects on market valuations and investor sentiment. As the industry continues to evolve, stakeholders are closely monitoring regulatory trends and their implications for future growth.
