Bitcoin is predicted to reach $100,000 by the end of November due to its record-breaking month, Trump’s crypto-friendly policies, institutional adoption, and the economic environment. Bitcoin’s rally is supported by growing interest from institutional investors, such as Swiss crypto bank Sygnum, who note that Bitcoin’s potential as a hedge against inflation and its decentralized nature make it attractive for diversified investment portfolios.
Bitcoin’s future under the Trump administration may be promising, with the potential appointment of a crypto-friendly CFTC chair, increased institutional interest, and technological advancements. However, regulatory clarity remains a critical factor for the rapidly evolving cryptocurrency landscape.
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