#BTCOutlook US President-elect Donald Trump has high ambitions for the cryptocurrency market, with media reports suggesting he wants to see Bitcoin reach $150,000 during his second term. While this goal seems achievable based on the cryptocurrency’s current performance, Trump’s pro-crypto stance has raised concerns about conflicts of interest.
Donald Trump: Bitcoin at $150,000, Pro-Crypto Policies on the Horizon
According to a report published by Axios, Trump has expressed great enthusiasm for cryptocurrencies, stressing to his inner circle that he would like Bitcoin to reach unprecedented levels during his presidency. The report indicated that Trump sees cryptocurrencies as another financial market that requires government support, just as he previously viewed the stock market as a barometer of his administration’s performance.
Bitcoin has seen a significant rise since his election, rising from $68,000 to $103,000. Trump, in turn, did not hesitate to attribute this achievement to himself, as he posted on his Truth Social platform congratulating the Bitcoin community on this performance, pledging to continue his support for this market.