Deutsche Bank: BTC outlook is optimistic, the price is expected to remain high by 2025
ChainCatcher reports, according to CoinDesk, that Deutsche Bank's latest report indicates a positive outlook for Bitcoin (BTC), the world's largest cryptocurrency. The price is expected to remain high by 2025. The report believes that a more favorable regulatory and political environment in the United States, increased institutional adoption, and the Federal Reserve's loose monetary policy will all support Bitcoin prices.
The report points out that the Trump administration's support for cryptocurrencies means that the current bull market trend will continue. The president's ongoing support is key to "the continuation of the golden age of cryptocurrencies". In addition, SEC will establish a digital asset regulatory framework. Paul Atkins' appointment as SEC chairman also indicates a shift towards innovation-friendly regulation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ANALYSIS: Economic worries push dollar index lower, may fall below 100 mark‘’
US January JOLTs job vacancies 7.74 million, expected 7.63 million
Overview of Important Developments on the Evening of March 11
Bubblemaps releases BMT token economics: Airdrop accounts for 22.2%
Trending news
MoreCrypto prices
More
