The outlook for bitcoin (BTC), the world’s largest cryptocurrency, is positive, and its price is expected to remain elevated in 2025, German lender Deutsche Bank (DB) said in a report Wednesday.
A more favorable regulatory and political backdrop in the U.S., growing institutional adoption, and looser Federal Reserve monetary policy, are all expected to support the cryptocurrency’s price, the report said.
The Trump administration’s support for crypto means the market’s current bull run should continue, and ongoing presidential backing is key for the “continuation of crypto’s golden era,” analyst Marion Laboure wrote.
While President Trump didn’t sign any crypto-related executive orders on his first day in office, the announcement that the Securities and Exchange Commission’s (SEC) will develop a regulatory framework for digital assets is a first step towards an overhaul of the industry, the report said.
The appointment of Paul Atkins as SEC chair is also indicative of a “shift towards an innovation-friendly approach,” Deutsche Bank noted.
With the Markets in Crypto-Assets (MiCA) regulation coming into force in the EU in December, the European crypto market now enjoys increased legitimacy and security, the report added.
More clarity about the potential establishment of a U.S. bitcoin reserve could be forthcoming in the first quarter, the bank said.
Read more: Bitcoin No Longer a Niche Investment as Institutional Adoption Takes Off: WisdomTree
—
Blog powered by G6
Disclaimer! A guest author has made this post. G6 has not checked the post. its content and attachments and under no circumstances will G6 be held responsible or liable in any way for any claims, damages, losses, expenses, costs or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption or loss of information) resulting or arising directly or indirectly from your use of or inability to use this website or any websites linked to it, or from your reliance on the information and material on this website, even if the G6 has been advised of the possibility of such damages in advance.
For any inquiries, please contact [email protected]
