bullish

Bitcoin

Green

when

Bitcoin, the most used virtual currency in the world, has the potential to soar to the $100 000 level because of Trump’s policies. Nigel Green, Devere Group CEO, financial advisory and Wealth Management firm, said that with Trump in office and promoting the cryptocurrency, it may literally blow to record-breaking heights where Bitcoin is now going to be considered part of the staple financial portfolio. He stated: 
<blockquote>
 “We expect that this is just the beginning, with the cryptocurrency set to break more records under an incoming Trump administration.”
</blockquote> 
<a href="https://www.qubetics.com/?utm_source=TBJ&amp;utm_medium=Bitcoin+Primed+for+Unprecedented+Growth+as+Trump+Embraces+Pro-Crypto+Policies" rel="nofollow noopener" target="_blank"><img loading="lazy" loading="lazy" decoding="async" class="wp-image-53959 size-full aligncenter" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/10/0B857336-1674-40D9-B314-0837568BC39D.jpeg" alt="Bitcoin Primed for Unprecedented Growth as Trump Embraces Pro-Crypto Policies = The Bit Journal" width="728" height="90" title="Bitcoin Primed for Unprecedented Growth as Trump Embraces Pro-Crypto Policies 53"></a> 
Such optimism seems to be rooted in Green’s expectation that the upcoming Trump administration will centre its strategic plan on the use of cryptocurrency. This could be one of the biggest adoption narratives for Bitcoin ever since it was born, Green said. He expects Trump’s presidency to mark a pivotal year when the crypto-assets space will start an amazing journey of growth fueled by regulation and institutions.&nbsp;&nbsp; 
<h2 id="strong-trump-administration-s-plan-to-establish-bitcoin-as-a-strategic-asset-strong">Trump Administration’s Plan to Establish Bitcoin as a Strategic Asset</h2> 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-68479 size-full" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/11/DALL·E-2024-11-12-02.10.08-A-wide-visually-striking-image-featuring-Bitcoins-iconic-gold-coin-symbol-glowing-brightly-against-a-futuristic-financial-background.-The-scene-incl-1.webp" alt="Bitcoin Primed for Unprecedented Growth as Trump Embraces Pro-Crypto Policies " width="1792" height="1024" title="Bitcoin Primed for Unprecedented Growth as Trump Embraces Pro-Crypto Policies 54"> 
Green suggests that the Trump’s administration is preparing to turn Bitcoin into a strategic asset. For the digital currency, Bellais explains that this kind of endorsement can completely transform the currency’s positioning. It is a positive nod to employ Bitcoin as as a strategic asset They are legitimizing what already has the potential to be listed as an asset class, said Green.&nbsp;&nbsp; 
Constructive regulation is the other significant aspect of Trump’s crypto policy agenda. Green feels such measures will attract institutional investors who previously avoided investing in the industry because of a lack of standard procedures. This is what Trump’s plan to regulate Crypto constructively means: It will wipe out the factors that have for long kept institutional capital away, he said.&nbsp;&nbsp; 
The macroeconomic environment also supports the adoption of Bitcoin yet again. The renewed inflationary pressures could be induced by Trump spending policies, tariffs; while the supply of Bitcoin is limited, it makes Bitcoin a potential hedge against the existing inflation.&nbsp;&nbsp; 
Although rate cuts around the world have recently relieved inflationary pressure, Trump’s forthcoming ambitious programs for the US economy may exert inflation pressure again, according to Green. In such the environment, given that Bitcoin is scarce it becomes an ideal hedge against loss of purchasing power. 
<h2 id="strong-the-trump-effect-paving-the-way-for-bitcoin-s-mainstream-financial-role-strong">The Trump Effect: Paving the Way for Bitcoin’s Mainstream Financial Role</h2> 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-68457 size-full" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/11/a-photo-of-donald-trump-holding-a-handful-of-gold-wxNPGzgbQVuX71mlRFgJdA-_R-5MDXVRKqH_zZ_kx3qkQ.jpeg" alt="Bitcoin Primed for Unprecedented Growth as Trump Embraces Pro-Crypto Policies " width="1312" height="736" title="Bitcoin Primed for Unprecedented Growth as Trump Embraces Pro-Crypto Policies 55"> 
Green also pointed out that Bitcoin’s adoption is progressing at an exponential rate. Every rise in its value brings it nearer to being a fixture in modern conventional financial systems. ‘There may be no better way that prompted people to jump to institutional and traditional investors’ Bitcoin than the support of the Trump administration’, he noted.&nbsp;&nbsp; 
Due to Trump’s crypto-friendly policies, and the US being the largest economy globally, the stage is set for Bitcoin’s rocket high. This Green thinks this is a perfect storm that will lead to growth in the value of the cryptocurrency.&nbsp;&nbsp; 
The general bullish panorama within the CEO of Devere however has been echoed by many stakeholders supporting cryptocurrencies, who view Trump’s presidency a turning level. It may well be that such a policy stance is only the start of a new era for the crypto diver’s favourite child, the Bitcoin; whereas the currency gains acceptance as a legal tender, so does all the fuss to make it into a financial instrument. He explained: 
<blockquote>
 “As bitcoin breaks records, its mainstream adoption seems all but assured. The path to $100,000 is now within reach and could signal a new era for both cryptocurrency and traditional investment portfolios.”
</blockquote> 
This is a very big question because as <a href="https://coinmarketcap.com/currencies/bitcoin/" rel="nofollow noopener" target="_blank">Bitcoin</a> draws closer to $100,000, it draws closer to large, impactful change in the crypto space if Trump follows through with his friendly crypto policies and framework that Green expects. If these expectations are to come true, the possibility of Bitcoin as a fundamental element of contemporary finance is a given and, thus, the creation of a new generation of digital assets is imminent.&nbsp;&nbsp; 
<h2 id="strong-conclusion-strong">Conclusion</h2> 
Bitcoin is on the precipice of a revolution in which Trump will lead crypto to mainstream acceptance and open doors for institutional investors. As inflation-rate fears relieve investors of buying more of its scarce commodity, arrival at $100,000 will transform Bitcoin from an energy-guzzling, electricity-savoring store of value to one giant leap for cryptocurrency evolution. 
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Bitcoin Primed for Unprecedented Growth as Trump Embraces Pro-Crypto Policies

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