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Industry insiders: BTC is already a mainstream investment tool, but if the new leadership of the US SEC takes a conservative attitude, it may lead to

Industry insiders: BTC is already a mainstream investment tool, but if the new leadership of the US SEC takes a conservative attitude, it may lead to

Cointime2024/12/02 02:00
By: Cointime
BTC+0.09%

Fu Rao, Executive Director of the Hong Kong International New Economy Research Institute, pointed out that as an important component of the digital economy, Bitcoin has gradually transformed from a speculative asset into a mainstream investment tool. Although the long-term trend is positive, short-term market sentiment and speculative capital flows may cause price corrections. Investors need to be vigilant about the market risks brought by excessive optimism. The friendly policies of the Trump administration towards the cryptocurrency industry will continue to provide strong support for Bitcoin. However, it is necessary to be aware that there may be uncertainties in the specific implementation process of the policy. For example, if the new leadership of the SEC holds a conservative attitude towards Bitcoin, it may lead to a decline in market confidence.

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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