Amid the macroeconomic uncertainty, the price of Bitcoin (BTC) has experienced strong fluctuations in recent weeks, falling below the USD 80,000 for the first time since last November.
It is a situation that has many investors fearful, but that It is not a cause for concern For Hunter Horsley, CEO of the Bitwise firm, who says that the first quarter of the year has historically been the best time for investors Enter the market of cryptocurrencies.
According to the statements given to the CNBC, the Executive considers that this trend will not be prevented by changes in the price. On the contrary, he thinks that with this fall “Bitcoin is on offer.”
Based on this position, Horsley ensures that more traditional investors, including assets administrators, asset administrators and banks, will take advantage of this period of price fluctuations To interact with the Bitcoin ETF of bitwise. This includes other derivatives and assets at a broader level.
Thus a trend that Bitwise would continue has observed among its customersthat leads them to look for ways to evade volatility while still making investments.
I think the price is always a story in this space. If you remember when the Bitcoin ETF was launched, the price went from USD 46,000 to USD 39,000 and people said, ok, it may be to buy the rumor, sell the news. And then he went up to where he was recently. So I think … there has never been a better time for this kind of assets.
Hunter Horsley, CEO de Bitwise.
In this way, it refers to one of the main properties of the digital currency, which is characterized by its long -term revaluation capacity. That has made, despite the constant rises and casualties experienced by the short -term BTC price, it has been revalued in more than 60% in the last 10 years.
“This is a well -known characteristic of digital asset, but still surprises people,” said Horley, for whom he currently regulation is more important than the price. This, in a stage marked by the arrival of Donald Trump to the White House.
Regulation above the price
As NoticiasVE has reported, in this second Trump mandate with is putting a lot of emphasis In the regulation of the sector; and the debate on the creation of a reserve in Bitcoin has acquired great relevance.
So much so that Trump summoned a first cryptocurrency summit in the White House for this March 7. There will also be a meeting of ecosystem companies To talk about the BTC reservation.
As Bitwise’s CEO reported during the interview, the meeting will be held on March 11. He was summoned by Senator Cynthia Lummis, the main promoter of the Plan, who last year presented a bill for reserve before Congress.
“Other executive directors and I will be in Washington DC to discuss the initiative,” explained the Bitwise CEO, confirming that the project is “definitely at stake.”
Horsley also talked about the growing adoption of Bitcoin in all countries. He highlighted the recent purchase of 437 million in a Bitcoin ETF made by Mubadala Investment Company, one of the most active funds of the United Arab Emirates and the world.
According to Bitwise’s co -founder, around 11 countries currently have some level of exposure to digital currency, which reinforces Bitcoin’s legitimacy as a strategic asset. “You believe it or not, it is very real,” he concluded.