Bitcoin prices have rebounded, rising toward $100,000 after a sudden downturn sparked fears of a crypto crash. The surge follows Donald Trump’s election victory in November and his planned executive orders on his first day back in the White House.
Trump’s team has confirmed that several crypto-related executive orders will be issued, addressing issues such as de-banking and the repeal of a controversial policy requiring banks to count bitcoin as liabilities. This move is expected to boost bitcoin prices.
According to experts, the recent inflation data may lead to interest rate reductions through 2024, increasing liquidity in risk assets like bitcoin. The Federal Reserve’s more lenient stance could benefit bitcoin investors.
Bitcoin’s price recovery from a dip last week may be nearing its end, according to some analysts. However, others remain bullish on bitcoin’s prospects, with predictions of a $200,000 price target by 2025.
The mysterious “Operation ChokePoint 2.0” policy has weighed on crypto companies under the Biden administration, but Trump’s executive orders aim to alleviate these concerns. The repeal of a controversial accounting policy could also drive bitcoin prices higher.
Crypto companies have been campaigning against the policy requiring companies to report crypto as a liability, and some predict that its repeal will trigger a significant price rally. However, others remain skeptical about the impact of these executive orders on bitcoin prices.
Source: https://www.forbes.com/sites/digital-assets/2025/01/15/leak-reveals-imminent-trump-game-changer-100-trillion-bitcoin-price-predicted