ChainCatcher news, according to Jinshi reports, Bitcoin has been setting new records this month, breaking the $97,000 mark on Thursday. Investors continue to expect that the newly elected U.S. President Trump will usher in a "golden era" for cryptocurrencies, which will include more supportive regulations for the industry, as well as potential national strategic Bitcoin reserves.Data from BCA Research shows that Bitcoin is approaching the $100,000 mark for the first time, but it could potentially double thereafter. Analysts generally believe that the strong momentum of cryptocurrencies will continue, with Bitcoin expected to reach $200,000 by the end of 2025 and Ethereum reaching $10,000.Swan Bitcoin analyst Sam Callahan stated that Bitcoin's price continues to be driven by a series of factors, including improved liquidity conditions, increased institutional adoption, and a shift in the regulatory environment from headwinds to tailwinds. Another term for Trump also means larger budget deficits, potential for more inflation, and changes in the international role of the dollar—all of which will positively impact Bitcoin's price.

ChainCatcher news, Bitcoin has been setting new records this month, breaking the $97,000 mark on Thursday. Investors continue to expect that the newly elected President Trump will usher in a "golden age" for cryptocurrencies, which will include more supportive regulations for the industry, as well as potential national strategic Bitcoin reserves.Data from BCA Research shows that Bitcoin is approaching the $100,000 mark for the first time, but it could potentially double thereafter. Analysts generally believe that the strong momentum of cryptocurrencies will continue, with Bitcoin expected to reach $200,000 by the end of 2025 and Ethereum reaching $10,000. Swan Bitcoin analyst Sam Callahan stated that Bitcoin's price continues to be driven by a range of factors, including improved liquidity conditions, increased institutional adoption, and a shift in the regulatory environment from headwinds to tailwinds. Another term for Trump also means larger budget deficits, potential for more inflation, and changes in the international role of the dollar—all of which will positively impact Bitcoin's price.

ChainCatcher news, according to Fortune, at the Singapore FinTech Festival, Paxos CEO and co-founder Charles Cascarilla stated that Trump's re-election could bring about a "golden age of cryptocurrency." He noted that Trump's campaign has a clear crypto theme, and the new government is expected to unleash long-standing demand, transforming the U.S. from a laggard into an industry leader.Crypto.com President Eric Anziani believes that the U.S. has begun to shift towards a more crypto-friendly stance, with the SEC's approval of Bitcoin and Ethereum ETFs earlier this year being a clear signal.Binance CEO Richard Teng also pointed out that the launch of Bitcoin ETFs in markets like Hong Kong, Australia, and Ghana indicates that global regulators are starting to view cryptocurrencies as mainstream assets.