Deutsche Bank's Big Prediction: Bitcoin and Cryptocurrency Have a Bright Future! - Coin Bulletin

robot
Abstract generation in progress

German bank Deutsche Bank predicts that Bitcoin will maintain high price levels until 2025 with (BTC).

The more positive regulatory and political environment in the US, increasing corporate adoption, and the Fed's looser monetary policies are among the fundamental factors that will support the price of Bitcoin.

The report states that the Trump administration's support for cryptocurrency will continue the current bull run in the market. Deutsche Bank analyst Marion Laboure used the expression "The continuation of the golden age of cryptocurrencies depends on the Trump administration continuing this support."

Although Trump did not sign any presidential decree regarding any crypto on his first day in office, the announcement by the United States Securities and Exchange Commission (SEC) that it will develop a regulatory framework for digital assets is considered an important step for the industry.

The report stated that the appointment of the new SEC Chairman Paul Atkins is a sign of a transition to a more innovation-friendly approach. Deutsche Bank noted that this change could lead to more innovative policy-making in crypto regulations in the United States.

In Europe, the Crypto Asset Markets Regulation MiCA will come into effect in December (. According to the report, this regulation provides increased legitimacy and security to the European crypto market. The implementation of MiCA could create a safer environment for investors and projects in Europe.

Deutsche Bank also predicts that more clarity on the possibility of the US creating a Bitcoin reserve may emerge in the first quarter of 2025. Such a development could be a significant turning point for Bitcoin and have a positive impact on the price.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)