ChainCatcher news, according to tradingview, IG market strategist Yeap Jun Rong wrote in a report that the trajectory of the Fed's future rate cuts may depend on the policies of President-elect Trump, which remain unclear at this stage.

He said that Trump's initial remarks on tariffs did sound radical. But the extent of implementation of these measures is uncertain. Yeap said that as policies become clearer, the Fed may initially tend to a shallower rate cut cycle. As traditional markets cope with inflation, Bitcoin will continue to consolidate its position in the financial world.

Analysts predict that the price of Bitcoin may soar to more than $200,000 by 2025, driven by favorable regulatory shifts and increased corporate adoption.