Animoca co-founder: Crypto market's 'Trump moment' is over

The cryptocurrency market's "Trump moment" has ended, and it is now entering a period of structural transition, according to Animoca Brands co-founder Yat Siu in an interview with CoinDesk. He explained that while U.S. President Donald Trump was viewed as a savior for the industry last year, fueling market expectations, this sentiment did not translate into actual policy, leading investors to refocus on fundamentals. Siu emphasized that the influx of institutional capital is completely changing the market's character. He noted that while Bitcoin is establishing itself as a reserve asset akin to gold, altcoins now face the challenge of proving their real-world utility. Siu added that the convergence of cryptocurrency and AI will reshape the next-generation financial landscape and that crypto will likely take the form of gamified finance for future generations.