PANews, November 10th news, according to CNBC report, CoinShares Research Director James Butterfill identifies four catalysts that will drive the future rise in Bitcoin prices: changes in the leadership of the U.S. Securities and Exchange Commission, further adoption of cryptocurrencies by major companies with friendly regulations, and interest rate cuts by the Federal Reserve. James Butterfill further explains that an increase in Bitcoin to $100,000 means there is still a 33% growth potential in its price, and a $100,000 Bitcoin 'does not sound so unreasonable,' as its market value only represents '10% of the gold market share.' Additionally, Trump's victory and the Republican Party gaining control of the Senate may make it easier to promote an 'expected relaxed regulatory framework,' making this achievement possible.
