This week, according to an investment note from Matt Hougan, Chief Investment Officer of Bitwise, former President Trump has changed the rules of the game in the cryptocurrency market. The establishment of a strategic cryptocurrency reserve in the United States will trigger a domino effect and be seen as the first shot in the Bitcoin arms race. Countries like Honduras, Mexico, and Guatemala are watching the Bitcoin strategy of the United States and El Salvador. This could propel Bit to become an important global currency asset.
Additionally, Galaxy Digital predicts that at least five countries will establish their own strategic Bit reserve by 2025. This indicates the increasing recognition of Bit at the national level and the potential to reshape the global monetary market, driving the development of cryptocurrencies as part of the international financial system.
While the information above aims to provide a market perspective, it does not constitute investment advice. Investors should carefully consider the risks and conduct thorough due diligence before making decisions. The changing approach to cryptocurrencies by nations may present great opportunities but also entail significant challenges.
