Odaily Planet Daily News: Matt Hougan, Chief Investment Officer of Bitwise Asset Management, stated on CNBC's "Squawk Box Asia" program that the current decline in Bitcoin prices is a "short-term setback," and the market will soon find its footing and realize that it is actually a long-term optimism for this asset and the entire cryptocurrency market. Matt Hougan added that White House cryptocurrency and AI director David Sacks has stated that the United States will seek a "budget neutral strategy to acquire more Bitcoin, provided that these strategies do not impose incremental costs on American taxpayers." The correct question should be: Does this executive order make Bitcoin more likely to become a geopolitically important currency or asset in the future? Will other governments follow the example of the United States and establish their own strategic reserves? For me, the answer is yes. The reason why this question is important is because it determines whether Bitcoin is priced at $80000 per coin or $1 million per coin. （CNBC）
