According to Charles Hoskinson, the upcoming growth of bitcoin will increase political instability and the expected mitigation of the US federal reserve policy (Fed).
“Trump’s tariffs will be an empty sound, and people will understand that the world is ready for negotiations, and in fact it is just the United States against China. The markets are a little stabilized, they will get used to the new norm, and then the federal reserve system will reduce interest rates, and then you will have a lot of fast and cheap money that will pour in cryptocurrency, ”the businessman explained.
Hoskinson expressed confidence that after the emergence of new laws on digital assets in the United States, technological giants, the so -called “magnificent seven” (Apple, Amazon, Microsoft and others), will begin to use stablecoins for payments to employees and micallors.
The businessman said that the cryptocurrency market will be in a state of stagnation until the end of summer, but in the fall a new round of speculative interest can begin, which will last before the end of next year.
Previously, the investment director of BitWise Asset Management Matt Hawgan declaredthat the policy of the US President Donald Trump, aimed at weakening the national currency, will allow Bitcoin to strengthen the market position.
Source: Bits
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