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Tyr Capital CIO: Crypto investors will closely monitor Trump's actions within his first 100 days in office

Tyr Capital CIO: Crypto investors will closely monitor Trump's actions within his first 100 days in office

Bitget2024/12/28 10:33
BTC-0.97%

Ed Hindi, Chief Investment Officer of Swiss cryptocurrency hedge fund Tyr Capital, stated that the previous increase in expectations for Trump in the crypto market led to a price surge. However, investors will closely monitor Trump's actions within his first 100 days in office, as any inconsistency between his actions and statements could trigger volatility.

Additionally, Tim Kravchunovsky, founder and CEO of decentralized telecom network Chirp, added: "As we enter 2025, it will be a historic year for digital assets because the United States will adopt Bitcoin as a national reserve currency. Despite ongoing uncertainties in this regard, I believe this will happen soon—likely within months after President-elect Donald Trump takes office." (Forbes)

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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