Viewpoint: The market bets on Bitcoin as a more stable and politically favored asset, supportive regulation is crucial.

Odaily Planet Daily News: Galaxy Digital Research Director Alex Thorn posted on X that Bitcoin rose $8,343 on Monday, marking its highest single-day increase (in USD). Presto Research Director Peter Chung stated, “Any fund manager who does not take the time to analyze Bitcoin opportunities risks failing to fulfill their fiduciary duty to clients. Anyone who understands modern portfolio theory must recognize the benefits of small investments in Bitcoin. Given the positive regulatory momentum and the availability of spot ETFs, there is truly no excuse.” Keyrock's Asia Pacific Business Development Director Justin d'Aneth remarked that reaching this price milestone (Bitcoin rising to $90,000 on certain trading platforms) is “a signal that the market is becoming increasingly enthusiastic about Bitcoin as a more stable, even politically favored asset. Supportive regulation is crucial here, and the market's enthusiasm stems from the idea that lower taxes, reduced government overreach, and dovish central bank policies will benefit Bitcoin and its operators.” Additionally, several industry experts indicated that Bitcoin will reach $100,000 within the next 1-3 months. (The Block)