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Hougan: There will be a much stronger bull season

Bitwise, one of the companies that is a Bitcoin and Ethereum spot ETF product, posted a video on social media after Donald Trump became the US president. Speaking in the video, company executive Matt Hougan said that the golden age of crypto has begun and that he thinks the upcoming bull season will be much stronger.

Author Hakan Ateşler

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While Donald Trump's being the US president once again made a big noise in the world, it also created excitement in the crypto world. Bitwise executive Matt Hougan, known for his regular market comments, stated that the golden age of crypto has begun and that the Trump government could make serious changes in the first 100 days, especially after taking office.

“Black clouds will disperse”

Stating that the crypto world has had to deal with very serious regulatory difficulties in recent years, Hougan said that he thinks the Trump administration will create a much fairer environment:

“Cryptocurrency markets are rising sharply. With Trump, a crowd of crypto supporters formed in both the Senate and the House of Representatives. While Bitcoin is running to new heights, other assets such as Solana have also started to rise. After the election, I see 3 articles that concern crypto. The first of these, crypto is now entering the golden age. In the last 4 or even 8 years, crypto's hands were almost tied. He struggled with the SEC's aggressive actions and uncertainties. But now the black clouds are dissipating. I think the new administration will create a much fairer regulatory environment in the first 100 days. The market clarity law and the fixed coin law will bring clarity and clarity to crypto”

"The bull season that may reach in the coming years..."

Stating that the openness in the regulations will further increase corporate purchases, Hougan stated that this situation will make the bull seasons in the coming years much stronger: