Part 5/7:
Despite the turmoil, there remains some optimism in the market, primarily driven by favorable regulatory tailwinds expected in the near future. Tim highlighted that Bitcoin has increased by 33% since the recent election, fueled by speculation regarding enhanced regulatory clarity and the potential for a strategic reserve of Bitcoin.
Experts pointed out that while some of this optimism might be priced into the market, much remains to be realized, especially with the anticipated release of ETFs and regulatory announcements. However, Devitt cautioned that while interest is growing, the true impact of these developments will only be seen when the regulatory dust settles.