Tyr Capital CIO: Crypto investors will closely watch Trump's actions within the first 100 days of taking office

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MarsBit
12-28
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According to Forbes, Ed Hindi, Chief Investment Officer of the Swiss cryptocurrency hedge fund Tyr Capital, said that the cryptocurrency market's expectations for Trump have been constantly increasing, leading to a surge in prices. However, investors will closely monitor Trump's actions in the first 100 days of his term, and if his actions do not match his rhetoric, it may cause volatility.

In addition, Tim Kravchunovsky, founder and CEO of the decentralized telecommunications network Chirp, added: "As we enter 2025, this will be a historic year for digital assets, as the United States will adopt Bitcoin as a national reserve currency. Although there is ongoing uncertainty in this regard, I believe this will happen soon - most likely within a few months of President-elect Donald Trump taking office."

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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