Institutions are betting on a rise to $0.2 million next year! Bitcoin has historically broken through $0.08 million, officially ushering in the 'cryptos golden era'?
Although just breaking through $0.08 million, Wall Street bulls obviously believe that the upward trend of bitcoin is far from over.
Can Trump's re-election bring a real breakthrough in regulation for the cryptocurrency industry?
In this article, we analyze in depth the regulatory trends and policy expectations of the new administration in the United States from the perspectives of A16Z and AI Ying.
Express News | US crypto concept stocks rose collectively before the market, with MARA Holdings up more than 13%.
Wall Street outlook for "Trump 2.0": The first two years of presidency will have a "profound impact".
JPMorgan stated that if Trump adjusts policies on taxes, regulations, and cryptos, the first two years of his second term may be quite influential.
Is the 0.08 million milestone just the beginning? The options market is betting nearly 3 billion US dollars that bitcoin will rise above 0.09 million US dollars.
On Monday, bitcoin prices hit a record high, approaching $0.081 million, while futures premiums surged. This clearly indicates that investors believe that with more pro-cryptocurrency candidates winning in the usa elections, the record-breaking trend of this global largest crypto is expected to continue.
Latest cryptos news | The crypto community is jubilant as bitcoin breaks through $0.081 million, setting a new record high; institutions: bitcoin may rise to $0.1 million when Trump officially takes office.
According to CNBC, Fadi Aboualfa, the research director of the crypto custody company Copper.co, believes that by January 20, 2025, when Trump takes office as president, the price of bitcoin may reach $0.1 million. He added that these increases are occurring "against the backdrop of a weak dollar, unlike the strong dollar environment we see today".