Recently, a significant piece of news has stirred the market: elected President Donald Trump stated that he will take major actions in the fields of cryptocurrency and artificial intelligence, expressing high hopes for Bitcoin's future price. It is reported that Trump's goal is to push Bitcoin's price to $150,000 during his new presidential term. However, the author believes that this "bold claim" may still seem somewhat conservative; normally, the probability of Bitcoin reaching $150,000 in this bull market would be very high, perhaps without needing too much support from Trump to achieve.
Trump advocates for the development of cryptocurrency, aiming to lead the world
During an interview with CNBC's famous host Jim Cramer, Trump openly stated that he plans to make some great changes in the cryptocurrency field. When asked by the host whether he is considering establishing a Bitcoin strategic reserve in the United States, Trump responded, "I think so, we want to do great things with cryptocurrency because we don’t want other major countries to take the lead. Other countries are embracing it, and we want to be the leaders."
Although during his previous presidential term, Trump held a skeptical attitude towards Bitcoin and other cryptocurrencies, calling them "things based on air," his recent statements indicate that his stance is undergoing significant change, and he hopes to promote the U.S. to a leading position in the global cryptocurrency industry.
Behind the grand plan: Energy and infrastructure support become key
According to market insiders, the Trump administration is studying how to support this goal. Among them, expanding energy supply is a crucial part. Cryptocurrency mining activities demand huge energy consumption, and Trump hopes to address this issue through policy support to ensure the sustainable development of relevant technologies and industries in the U.S.
In addition, Trump plans to work closely with tech giants. It is reported that he will meet with Amazon founder Jeff Bezos next week to explore potential cooperation. This indicates that Trump's plan not only focuses on Bitcoin's price but also aims at the ecological construction of the entire cryptocurrency industry chain.
Will Bitcoin reach new highs? Market hotly discusses Trump's "bold claims"
Trump made it clear that he will pay close attention to Bitcoin's price movements and will view it as another "stock market." A source familiar with the situation said that Trump is confident that Bitcoin's price will reach $150,000, a target that could be achieved early in his presidential term.
Once the news broke, the market reacted swiftly. Investors are fervently discussing whether Trump's statement will act as a catalyst for Bitcoin's price increase. Some analysts pointed out that if the U.S. government promotes favorable policies, such as establishing a clear regulatory framework for cryptocurrency and supporting infrastructure development, it could further enhance market confidence in Bitcoin.
Time Cover Person: Trump shows leadership style
As the elected president, Trump not only draws attention with his policies but has also once again become (Time) magazine's Person of the Year. This is his first major photography event after winning the 2024 election, photographed by renowned photographer Platon. Trump took the cover photo at his private club Mar-a-Lago, showcasing his presence as a global focal point.
Ambitious, with challenges and opportunities coexisting
Trump's latest statement undoubtedly injects a shot of adrenaline into the cryptocurrency market. However, achieving this goal is not easy. From policy implementation, technical support to energy issues, there are still many challenges to overcome in the future.
Regardless, as the U.S. continues to exert effort in the cryptocurrency field, whether Bitcoin can break through the historic barrier of $150,000 will become the focus of global investors. Whether Trump's "bold claims" can become a reality will be answered by time.