According to Odaily Planet Daily, since the U.S. presidential election, Bitcoin has risen by 55%, and so far this year, it has exceeded 140%. Bitwise Asset Management Chief Investment Officer Matt Hougan pointed out three 'unstoppable' sources of demand for Bitcoin: ETFs, Microstrategy, and the possibility that the government itself may become a Bitcoin buyer. He added, 'It ultimately comes down to supply and demand. There is too much demand and not enough supply, so I believe the price will be higher in 2025.'
Wall Street's attitude towards cryptocurrencies is becoming increasingly optimistic, especially with Trump's second term approaching. Standard Chartered Bank accurately predicted that Bitcoin would rise to $100,000 this year, and now predicts that Bitcoin will reach $200,000 by the end of 2025, while other bullish forecasts suggest that the token's price could rise to as high as $500,000.