Pro-crypto regulation under the incoming Trump administration could push Bitcoin toward $100,000 by early 2025 as institutions accelerate adoption.
The recent United States presidential election, which resulted in a decisive win for former president Donald Trump, could pave the way for Bitcoin to reach $100,000, fueled by supportive pro-crypto regulations.
Fadi Aboualfa, head of research at Copper.co, told Cointelegraph in an interview that Bitcoin (BTC) could hit $100,000 “by the time of the presidential inauguration” on Jan. 20.
The projected price target is supported by growing institutional demand, particularly through Bitcoin exchange-traded funds (ETFs), which brought in $2.6 billion in investments between Nov. 6 and 11.