The cryptographic market is currently in the face of significant pressure, mainly due to the trade war of US President Donald Trump and the deteriorating macroeconomic conditions. These factors caused the load on the markets, and some analysts predict that the bull’s course is over and bears can be on the horizon.

In a recent interview with Cointelegraph Kevin O’Leary, also known as “Mr. Wonderful”, shared his thoughts on the current state of the market and what can be ahead of us. Despite the turbulence of O’Leara, he remains optimist as to the future of Bitcoin (BTC). He explains that although the market is under pressure, it still expects Bitcoin to end the higher year when several key factors appear.

The key issue discussed in an interview is the need for regulatory transparency, especially the surrounding Stablecouins. O’leary is particularly focused on the genius Act, which in his opinion will be visually impaired by the US Congress. “We are waiting for almost seven years for this. I have the impression that it will do it, and when it happens, it is a game changer,” said O’Leary.

The transition of a genius act, which aims to ensure regulatory transparency around Stablecouins, should augment the reception of stableleins supported in dollars. It is expected that this movement will bring very necessary stability and ID on the cryptocurrency market, helping to reduce some of the continuous risk. O’leary also shared his insight into his personal cryptocurrency portfolio, revealing a diverse mix of assets in his portfolio.

Immerse yourself deeper into the views of O’Leara about the current state of the cryptographic market and his personal approach to investing in cryptography, make sure To watch a full interview on our channel.

Related: Trump says that we will be “bitcoin superpowers” because the price of BTC breaks 4-month decline