Bitwise CEO predicts that Trump may unfreeze M&As, pushing BTC higher.
Bitcoin is currently struggling to break above $100,000.
$120K call is the most popular on Derbit with a notional value of $1.5 billion.
President-elect Donald Trump will take office on January 20th, drawing intense focus from the crypto world. With his pro-M&A policies expected to reshape corporate dynamics, investors are looking at his administration’s first moves that can rally Bitcoin past the $100K mark again. Investors remain optimistic but cautious, wondering how much of this potential will be realized.
Trump’s Potential to Reshape M&A Activity
Hunter Horsley, CEO of crypto ETF provider Bitwise, suggested that the Trump administration could unfreeze mergers and acquisitions (M&A), leading to large corporations wielding their market dominance.
Hunter Horsley, CEO of crypto ETF provider Bitwise, in a post on X, speculated that the Trump administration’s policies could set the stage for massive shakeups, with giants like Amazon snapping up Instacart or Google taking over Uber. He painted a picture of a future where corporate behemoths grow even more dominant, leaving small…
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