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This is how Trump's pro-cryptocurrency plan will affect the price of Bitcoin.
Bitcoin is expected to close 2024 around 100,000 dollars and could rise in price in a short time. The United States is the main economy of the Western world and would be managed by believers in BTC.
The future for the price of Bitcoin has a lot to do with what Donald Trump does in his second presidency in the United States. The businessman turned politician, who will lead the world's largest economy starting January 2025, has shown his support for cryptocurrencies, which would result in a better value for BTC in the short term. Experts in the field believe that, regardless of how he carries out his policies, the American leader will have a huge impact on digital assets.
The aspect of Trump's policies that would improve the price of Bitcoin would be the tokenization of the most valuable stocks. In this case, we are talking about the possibility of buying Amazon or Apple shares, for example, two of the companies in the NASDAQ-100 index, with cryptocurrencies. The products in that group are among the most traded and, therefore, move millions of dollars day after day.
With the digital transactions of those assets, the integration of Bitcoin and other cryptocurrencies into the traditional financial system would be much easier. As a consequence, more investors would be exposed to the great value of cryptos, and this would cause price increases in the tokens.
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