Matt Hougan, Chief Investment Officer of Bitwise Asset Management, believes that the crypto industry has already secured its place in the financial world, regardless of the outcome of the US presidential election between President Donald Trump and Senator Kamala Harris.
Hougan stated that a Trump victory would be better for crypto in the short-term, while Bitcoin, Ethereum, and stablecoins are expected to thrive regardless of the election result.
Hougan emphasized that Washington cannot stop crypto, although it can influence its trajectory and create regulatory challenges.
Hougan presented various statistics showcasing the industry's growth since November 2020, including significant increases in token prices, trading volume, assets under management, network activity, and mainstream adoption indicators.