TRUMP could cause the price of $BTC to rise to $800,000 by 2025
According to Jack Mallers, founder and CEO of Strike, newly elected President Donald Trump may issue an executive order to make Bitcoin a reserve asset of the United States on his very first day in office.
According to Perianne Boring, founder of The Digital Chamber, the supply of $BTC is limited, which could lead to skyrocketing prices, especially if Trump successfully implements the cryptocurrency policies he has proposed.
Boring stated in an interview with Fox Business: "If Donald Trump succeeds in implementing the proposals he has discussed with the cryptocurrency community, then the price of Bitcoin will skyrocket as it has a fixed supply."
She pointed out the stock-to-flow model, forecasting that the price of Bitcoin will exceed $800,000 by the end of 2025. Such an increase would push the market capitalization of Bitcoin to about $15 trillion, quadrupling the current market cap of the cryptocurrency market.
PlanB, the creator of the stock-to-flow model, predicts that the average price of $BTC will be around $500,000 by 2025. However, he stated that the price could reach $1 million.
Chainlink is being chosen by 2200 banks in the US. The use of Chainlink by US banks is a positive sign of the growth potential of $LINK There will be a slight market adjustment at the end of 2024 so that $LINK can explode in 2025. It is predicted to reach $57 at the beginning of 2025 and start a continuous uptrend.