CITIC Securities Research: Crypto Assets may benefit in the long term from the trend of de-dollarization.

Gate News bot message, Citic Securities’ latest research report points out that crypto assets possess good privacy and anti-inflation characteristics, developing rapidly since their inception and gradually transforming into formal assets. As demand expands, crypto assets may form a rigid demand support similar to gold, presenting a speculative pricing pattern.

According to the research report, cryptocurrencies show strong speculation in the short term due to the insufficient degree of monetization and the high risk appetite of marginal pricers. However, in the medium to long term, cryptocurrencies and gold may benefit from the monetization effects of both de-globalization and de-dollarization trends. The “gold” of the future does not necessarily include Bitcoin, but it is likely to include certain cryptocurrencies.

In the short term, crypto assets are expected to benefit from the potential regulatory easing that may be implemented during Trump’s term, but we still need to wait for clarity on trade and foreign policy.

Source: Jin Shi