Crypto faces short-term volatility, but long-term growth persists: BitGo exec

Despite the recent volatility of cryptographic markets, the long -term potential of digital assets remains solid.

Brett Reeves, head of the GO network and European sales at Bitgo, which manages the institutional infrastructure of the digital assets of the company, expressed this feeling in a note by Crypto.News. He thought about the slowdown in the current market While highlighting progress in technology and regulation.

“The volatility of the market in recent weeks has revived the votes of crypto skeptics which feel justified by the recent decrease in asset prices,” said Reeves. “But for these innovators and believers in the class of technology and assets, there is much more to lower prices.”

Reeves stressed that market fluctuations are not new to cryptographic industry and that the sector has already experienced similar declines without blocking its progress.

It has also discussed significant progress in product development and, more above all, regulatory developments worldwide.

According to Reeves, the White House Crypto summit was a step in the major, marking a significant change in the approach of the United States government towards digital assets.

The summit has strongly shown an evolution towards regulatory clarity and institutional adoption, reporting an increasing commitment from the current administration to engage with the cryptographic industry.

Crypto only reflects wider market trends

“The recent slowdown in cryptographic markets is aligned with broader financial market trends,” added Reeves. “The main clues have experienced notable declines, with technological actions, often called” Magnificent Seven “, undergoing two -digit losses.”

The factors that contribute to it include global uncertainties such as commercial prices, the Ukrainian conflictAnd concerns about the Chinese real estate sector.

Reeves also noted that the United States faced the challenge of refinance around 25% of its national debt in 2025, which could have an impact on the markets. However, the the probability of rate drops To facilitate refinancing, it could also benefit the risk assets, including crypto.

Despite these challenges, Reeves highlighted several key developments in the cryptographic industry, such as the creation of a strategic reserve of American crypto, the recognition of stable And Active real worldand the implementation of the EU Mica regulations.

He also underlined the office of the Currency Decision Controller to authorize banks to engage with cryptographic assets.

“This progress, which seemed ambitious just a year ago, reflect an evolving rapid landscape where digital assets are increasingly integrated into the global financial system,” concluded Reeves. “So, while prices can crash for the moment, we must remember how far we have come and the immense potential that awaits us for cryptographic space.”