Expert Arthur Hayes recommends not being overconfident and believes that the changes that many expect are not going to happen as quickly as they anticipate, at least from a regulatory perspective.
The old one CEO of BitMEX, Arthur Hayessaid that one should not trust the enormous bullish rally that the crypto world is currently experiencing since it anticipates significant volumes of massive sales after projecting that the measures it intends to promote donald trumpthey would be delayed.
“The market will immediately realize that Trump has, at best, one year to enact any policy changes on or around January 20. “This realization will lead to a sell-off in cryptocurrencies and other Trump 2.0 stock trades,” Hayes said.
The expert also considers that there are other priorities for parliament, which “would take even the most astute and powerful politicians more than a decade, not just a year [resolver]”, and this could generate feelings of regret for those who bought cryptocurrencies under the expectation of rapid changes.
Given this scenario, he assured that there could be a “heartbreaking fall” around January 20, 2025since he believes that many investors could be aware of the coming panorama, and consequently, take measures to protect their capital.
During the campaign, Donald Trump proposed very interesting ideas, among which the creation of a Bitcoin and crypto reserve for the USas well as the creation of regulatory conditions to support the evolution of this marketthus positioning the US as one of the international hubs of the sector.
Trump recently stated that the plan a Bitcoin and crypto reserve still standssince the objective is to set the tone and surpass other governments that want to continue down this path, especially citing the case of the Chinese government as a possible commercial competitor.
Source: Ambito
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