BITWISE CIO: Trump's administrative order may break the four -year cycle of the encryption market. The "encrypted cold winter" in 2026 may not be as severe as expected

Panews January 30 news, Bitwise chief investor Matt Hougan recently wrote an analysis that Trump's latest administrative order may become a key catalyst that breaks the four -year cycle of the encryption market. The administrative order listed the development of the digital asset ecosystem as a "national priority issue", clearly proposed to establish a clear encryption regulatory framework, and plans to establish a "national encryption reserve" to pave the road for large -scale Wall Street banks and investors entering the encryption field on a large scale. Essence

Hougan pointed out that the four -year cycle of the encryption market is usually caused by technical breakthroughs or market events, including bull markets, leverage accumulation, market overheating, and subsequent callbacks. However, Trump's administrative order may have a profound impact, promoting bank hosting cryptocrete assets, extensive integration of stable coins into the payment system, and large -scale layout of encrypted assets by institutional investors. He predicts that this series of changes may attract trillions of new capital into the market.

Although Hougan believes that the market may still have short -term fluctuations, he expects the future adjustment and duration will be shorter than before. He said that as the encryption market matures and investors' structure is more diversified, the "encrypted winter" in 2026 may not be as serious as expected. At present, he believes that the market is still in the stage of comprehensive bullishness, and the encryption industry is ushered in a new era of mainstreamization.

Earlier news, Bitwise CIO: BTC's callback this time is only a brief fluctuation, and it has not changed the long -term bullish trend in the crypto market .