With speculation about Donald Trump’s possible return to the U.S. presidency, many wonder how this might impact Bitcoin’s price, with some predicting a surge toward $100,000. Trump’s previous administration fostered a pro-business environment, cutting regulations and taxes. A similar approach could support broader adoption of cryptocurrencies, as a less regulated financial landscape may push more investors to decentralized assets like Bitcoin.
Trump has previously expressed skepticism about Bitcoin, but his administration was relatively hands-off regarding regulation. A new term could mean a relaxed stance on crypto, drawing more institutional investors and driving Bitcoin’s demand.
Another factor is inflation. Economic policies aimed at growth might spur higher inflation, prompting investors to consider Bitcoin as a hedge. Bitcoin’s fixed supply and its position as "digital gold" make it a popular choice for wealth preservation.
Adding to these factors is the upcoming Bitcoin halving in 2024, a historic price catalyst due to reduced supply. If a Trump presidency aligns with this event, investor optimism and limited supply could push BTC closer to the six-figure mark. However, given crypto’s volatility, investors should remain cautious amidst speculation.
