The encryption market is currently facing great pressure, due to the war of US President Donald Trump and the deterioration of macroeconomic conditions. These factors have placed markets under pressure, with some analysts expected that the bull’s running has ended and that the bear market may be on the horizon.
In a back interview from Cointelegraph, Kevin Olieri, also known as the “wonderful master”, participated in his ideas about the current situation of the market and what could be in the future. Despite the turmoil, O’Leari is still optimistic about the future of Bitcoin (BTC). He explains that despite the pressure on the market, it is still expected to end Bitcoin for the top of the year with the appearance of two main factors.
The main issue discussed in the interview is the need for organizational clarity, especially surrounding the nails. O’Leary is particularly focused on the genius law, which is believed to be passed badly by the US Congress. “We were waiting for nearly seven years for this legislation. I have a feeling that he would do so, and when that happens, it is a change in games,” Oliri said.
The passage of the genius law, which aims to provide regulatory clarity about Stablecoins, must enhance the dependence of the dollar -backed Stablecoins. This step is expected to bring stability and legitimacy that affects the need in the encryption market, which helps to reduce some continuous risks. O’Leary also shared visions in the personal encryption portfolio, and revealed a variety of assets in its wallet.
To dive more deeper into O’Leari’s views about the current situation of the encryption market and its personal investment in the encryption, make sure To see the full interview On our channel.
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