CoinVoice has recently learned that Bitcoin continues to set new records this month, surpassing the $97,000 mark on Thursday. Investors continue to expect that U.S. President-elect Trump will usher in a 'golden age' for cryptocurrencies, which will include more supportive regulations for the industry as well as potential national strategic Bitcoin reserves or holdings.
Data from BCA Research shows that Bitcoin is approaching the $100,000 mark for the first time, but there is still a possibility of doubling afterward. Analysts generally believe that the strong momentum for cryptocurrencies will continue, with Bitcoin expected to reach $200,000 by the end of 2025 and Ethereum reaching $10,000. Swan Bitcoin analyst Sam Callahan stated that Bitcoin's price continues to be driven by a range of factors, including improved liquidity conditions, increased institutional adoption, and a shift in the regulatory environment from headwinds to tailwinds. Another term for Trump also means larger budget deficits, potential for more inflation, and changes in the international role of the dollar—all of which will positively impact Bitcoin's price. [Original link]
