Bitcoin and cryptocurrencies: what to expect with the arrival of Donald Trump?

Bitcoin and cryptocurrencies: what to expect with the arrival of Donald Trump?

Next January 20, donald trump will once again assume the presidency of the United States, a fact that promises to generate significant changes in the regulation and adoption of cryptocurrencies. Since his victory in November 2024, the price of Bitcoin has shown important variations, at times exceeding the historical mark of $100,000driven by expectations of favorable policies towards digital assets.

A friendlier regulatory environment

One of the keys to this optimism is Trump’s promise to ease cryptocurrency regulations. The designation of Paul Atkinsknown for his pro-digital asset stance, as head of the Securities and Exchange Commission (SEC) reinforces this perspective. Under his leadership, the SEC is expected to take a more focused approach to fostering capital and innovation in the crypto sector, according to analysis by Bloomberg Intelligence.

In addition, Trump has proposed initiatives such as the creation of a Presidential Cryptocurrency Council to outline regulatory strategies and enhance the industry in the United States.

Donald Trump Bitcoin.jpeg

The Bitcoin Strategic Reserve Project

Another highlight is the effort to establish a Bitcoin strategic reserve. In July 2024, Trump suggested converting the $20 billion worth of Bitcoin confiscated by the government in a national reserve. This idea has gained support in states such as Texas, Pennsylvania and Ohio, which advanced local legislation to create state strategic reserves.

The proposal seeks to diversify the country’s reserves, protect against monetary devaluation and strengthen the United States’ position in the technological race against China.

Projections for the crypto market in 2025

Optimism around the new administration is reflected in market predictions. According to Fundstrat Global AdvisorsBitcoin could reach between 200,000 and 250,000 dollars towards the end of 2025, driven by institutional adoption. The signature Bernstein It also foresees a sustained increase, highlighting that growing corporate demand will consolidate Bitcoin as a key asset.

Despite recent volatility, analysts such as Tom Lee believe that Bitcoin’s current levels of around $90,000 represent an attractive opportunity for long-term investors.

Challenges ahead

However, not everything is optimism. The implementation of these policies faces obstacles, such as resistance from some interest groups and legislative complexity. In addition, the strategic reserve project requires amendments to key laws such as that of the Federal Reserve, which could delay its approval.

The arrival of Donald Trump to power opens a new chapter for the crypto market, marked by expectations of favorable policies, innovative initiatives such as the strategic reserve of Bitcoin, and the strengthening of the United States in the face of global competition. Although challenges exist, the incoming administration appears determined to position cryptocurrencies as a strategic tool in its economic agenda.

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts