Donald Trump

Bitcoin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/perianne-boring-predicts-significant-bitcoin-price-increase-by-2025/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Perianne Boring Predicts Significant Bitcoin Price Increase by 2025</a> 
Perianne Boring, the founder and CEO of The Digital Chamber, forecasting a substantial rise in Bitcoin’s (BTC) price by 2025.
<h2 id="trump-s-policies-could-boost-bitcoin">Trump’s Policies Could Boost Bitcoin</h2>
In a recent interview with Fox Business, Boring suggested that the approach of President-elect Donald Trump towards the <a href="https://en.coin-turk.com/spot-bitcoin-and-ethereum-etfs-launch-in-hong-kong/" data-wpel-link="internal" rel="noopener noreferrer nofollow">crypto</a> sector could propel BTC’s value to nearly one million dollars.
“The stock-to-flow model indicates that BTC will exceed $800,000 by the end of next year. If Donald Trump successfully implements many of the proposals he presented to the community, there is no limit to the price due to Bitcoin’s limited supply,” stated Boring.
<h2 id="trump-s-approach-to-the-crypto-sector">Trump’s Approach to the Crypto Sector</h2>
Previously exhibiting skepticism towards Bitcoin and crypto, Trump promised to protect and grow the digital asset sector over the past year.
During campaign events in the summer, Trump pledged to remove <a href="https://en.coin-turk.com/superdao-to-cease-operations-gradually-amid-crypto-winter/" data-wpel-link="internal" rel="noopener noreferrer nofollow">SEC</a> Chairman Gary Gensler on his first day in office and terminate policies that hinder crypto investors and companies from utilizing digital assets. Following Trump’s victory, Gensler announced he would resign in January.
Furthermore, the former president stated that the U.S. would stop selling confiscated Bitcoins on the open market and would hold these assets as a strategic investment.
<blockquote>
 “The stock-to-flow model indicates that BTC will exceed $800,000 by the end of next year.” – Perianne Boring
</blockquote>
Boring’s prediction suggests that the combination of Bitcoin’s fixed supply and potential political changes could lead to a significant increase in BTC’s price.
The post <a href="https://en.coin-turk.com/perianne-boring-predicts-significant-bitcoin-price-increase-by-2025/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Perianne Boring Predicts Significant Bitcoin Price Increase by 2025</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.

Perianne Boring Predicts Significant Bitcoin Price Increase by 2025

Table of Contents

COINTURK NEWS

Other articles published on Dec 14, 2024

This Week’s Top Picks: Emerging Altcoins to Watch

VanEck predicts 2025 bull market with Bitcoin at $180K, altcoins to fall 60%

Sheila Warren Resigns as Crypto Council CEO; Ji Kim to Lead

XRP Price Prediction For December 14

Garlinghouse Joins Musk and Ramaswamy in Criticizing SEC

Bitcoin champion MicroStrategy joins Nasdaq-100 elite club

Join our free newsletter for daily crypto updates!