Investing.com – As Donald Trump’s influence rises, a final poll on… Investing.com confirmed investors’ expectations about the direction of cryptocurrency prices over the next two years.
The price of Bitcoin has increased significantly since the election. It rose over 29% last week and hit a new high and near the 90,000 level.
Analysts and investors say that Trump’s victory could have a positive effect on the crypto market.
At the same time, the crypto market continues to respond to the latest political developments. by our Investing.com survey The question asked:
Can Bitcoin hit $100,000 by the end of 2025?
https://x.com/Investingcom/status/1856340966514274765
Crypto advocates hope that regulatory changes could help push Bitcoin prices even higher. “We see regulatory headwinds for crypto as headwinds,” Bernstein analysts said in a note ahead of the election results. They pointed out that the GOP could win Senate seats. and recommend crypto-friendly policies
The latest increase has fueled debate about Bitcoin’s ability to hit $100,000 by the end of 2025. Bernstein’s note points to positive regulatory changes. In particular, coordination with the SEC and the Senate Banking Committee may help pave the way for this possibility.
Bernstein also noted that bipartisan support for crypto regulation remains possible. Progress is expected on stablecoin legislation and market structure guidelines for exchanges and exchanges. These changes will help to add clarity to the market and open opportunities for institutional investment.
Bernstein’s note also predicted that Bitcoin could reach $90,000 by the end of the year. He also predicts a long-term goal of $200,000 by 2025.
“Bitcoin’s new cycle has begun,” the analyst says Ready to advise investors to buy when the market is strong, both in Bitcoin and related stocks.
Bernstein recommends that investors consider high-beta crypto stocks, including Bitcoin miners and crypto-related companies such as MicroStrategy.
2024-11-13 01:58:00
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