Deutsche Bank, based in Germany, has released an optimistic outlook for Bitcoin (BTC ($104,361.35)) $104,681, the world’s largest cryptocurrency. According to the bank’s report, Bitcoin prices are expected to remain high through 2025.
Regulatory and Political Support
The report indicates that a more favorable regulatory and political environment in the U.S. will support Bitcoin’s price. Notably, the Trump administration’s backing of cryptocurrencies is highlighted as a factor that could maintain the market’s current upward trend.
“The Trump administration’s support for crypto is crucial for sustaining the current bull trend.” – Marion Laboure.
Deutsche Bank predicts that increasing institutional adoption and the Federal Reserve’s easing monetary policy will positively influence cryptocurrency prices. Additionally, the …
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