{"id":16269,"date":"2025-03-05T12:46:47","date_gmt":"2025-03-05T12:46:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=16269"},"modified":"2025-03-05T12:46:47","modified_gmt":"2025-03-05T12:46:47","slug":"donald-trumps-bitcoin-ethereum-xrp-reserve-is-imperfect-but-bullish-says-bitwises-matt-hougan","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=16269","title":{"rendered":"Donald Trump&#8217;s Bitcoin, Ethereum, XRP Reserve Is &#8216;Imperfect&#8217; But Bullish, Says Bitwise&#8217;s Matt Hougan"},"content":{"rendered":"<div>\n<p><strong>Bitwise <\/strong>Chief Investment Officer <strong>Matt Hougan<\/strong> on Wednesday that despite a bumpy rollout, President <strong>Donald Trump<\/strong>&#8216;s <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/03\/44077079\/analysts-doubt-us-crypto-reserve-expansion-beyond-bitcoin-cite-funding-challenges\">strategic crypto reserve announcement<\/a> remains bullish for the market, a view tempered by industry critique over its scope.<\/p>\n<p><strong>What Happened: <\/strong>Unveiled on Sunday, the reserve\u2014set to include <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>), <strong>Ethereum<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>), <strong>Solana<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/sol\/usd\">SOL<\/a>), <strong>Ripple <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/xrp\/usd\">XRP<\/a>), and <strong>Cardano <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/ada\/usd\">ADA<\/a>) triggered a swift market reaction, with Bitcoin climbing from $85,000 to $95,000 before relinquishing all gains by Monday.<\/p>\n<p>Hougan argues that the market&#8217;s souring on the diverse asset mix overlooks the policy&#8217;s long-term potential.<\/p>\n<p>In a Tuesday blog <a href=\"https:\/\/experts.bitwiseinvestments.com\/cio-memos\/the-market-has-this-wrong-thoughts-on-trump-s-strategic-crypto-reserve\">post<\/a>, Hougan addressed the backlash, including from Bitwise CEO <strong>Hunter Horsley<\/strong>, who <a href=\"https:\/\/x.com\/HHorsley\/status\/1896367104766427337\">tweeted<\/a> on Sunday, &#8220;I imagined a Strategic Reserve would be just Bitcoin. &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/03\/44138085\/donald-trumps-bitcoin-ethereum-xrp-reserve-is-imperfect-but-bullish-says-bitwises-matt-hou\" alt=\"Donald\" trump bitcoin ethereum xrp reserve is but bullish says bitwise matt hougan>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitwise Chief Investment Officer Matt Hougan on Wednesday that despite a bumpy rollout, President Donald Trump&#8216;s strategic crypto reserve announcement remains bullish for the market, a view tempered by industry critique over its scope. What Happened: Unveiled on Sunday, the reserve\u2014set to include Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), Ripple (CRYPTO: XRP), [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-16269","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16269","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16269"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16269\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}