Bitget Wallet Chinese Region Spokesperson: Trump's promise lacks efficiency in midterm fulfillment, making it difficult to support a continuous upward trend
During the "Web3 Future Night" event held at the Hong Kong Web3 Carnival, KajiQ, the official spokesperson for Bitget Wallet in the Chinese-speaking region, stated in a roundtable on "2025 Crypto New Trends" that Bitcoin's spot ETF approval has brought short-term trading opportunities and is one of the important reasons pushing BTC close to 100,000 US dollars. However, it also weakened the independence and speculation of the crypto market.
She also pointed out that Trump released many favorable conditions but lacked efficiency in realizing them in medium term which makes it difficult to support a continuous upward trend. Meanwhile, altcoins did not significantly benefit from macroeconomic advantages.
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.
You may also like
Decentralized RWA infrastructure project Infinite Galaxy Protocol officially launches Genesis Node sale
HyperLiquid co-founder: No external fundraising has been conducted, so there are no investor HYPE token unlocks
Santiment: Stablecoin yields decline, Ethereum may soon return to the $3,200 level
Data: Ethereum staking rate reaches 28.65%, Lido market share at 24.12%