Bitcoin Poised for Growth, Says Bitwise CIO, Despite Tariff Impact
Despite the ongoing turmoil in global markets driven by tariff policies, Matt Hougan, Chief Investment Officer at Bitwise, remains confident in Bitcoin’s potential.
Speaking in a recent interview with Scott Melker, Hougan emphasized Bitcoin’s resilience, describing it as a leading indicator of market movements over the past several months.
According to Hougan, Bitcoin is the first asset investors turn to in times of uncertainty, yet it has consistently held up well, even when faced with pressure.
He pointed out that the cryptocurrency didn’t dip below its previous all-time highs, calling this stability a major success.
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Hougan believes that the global economic response to tariffs will likely lead to weaker fiat currencies, which he views as a favorable environment for Bitcoin.
Looking ahead, Hougan is optimistic about Bitcoin’s future, suggesting that with prolonged market stability, the cryptocurrency could experience significant upward momentum. While he acknowledges the unpredictability of the markets, he is confident that when stability returns, Bitcoin is primed for a major rally.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
