According to cryptocurrency experts, this is the all-time high that Bitcoin could reach after Trump’s inauguration.

The world of cryptocurrencies has experienced a defining moment following Donald Trump’s victory in the 2024 US elections.. Bitcoin price reaches $90,000 for the first timeequivalent to 85,000 euros, which has attracted the attention of investors and analysts who see this event as a possible catalyst for the future of the most famous digital asset.

Since the start of Trump’s campaign, analysts have touted him as the “most crypto-friendly” candidate, promising to transform the United States into the “cryptocurrency capital of the planet” and a “Bitcoin superpower.” This rhetoric found a positive response among investors and gave rise to expectations for a more “permissive and friendly” environment towards the regulation of cryptocurrencies.

In this context Jeff KendrickA Standard Chartered analyst highlighted in September that, regardless of the election outcome, there would be a potential rise in cryptocurrencies, but with noticeably more optimism if Trump is elected. Since election night, Bitcoin there was an increase of 30%with the expectation that the price will continue to rise in the short term.

For my part, Federico Brocatevice president of 21Shares, told the personal finance publication that the matter was being considered. $100,000 (€95,000) target as a realistic target“even on Trump’s inauguration day.” This crypto optimism is based on a vision of a Republican government that could enact more favorable policies towards digital assets, promoting a more stable investment environment.

Decisive factor in the crypto market

However, as the media note, not all the dynamics of the cryptocurrency market depend on politics. Lower interest rates were the deciding factor. increasing the attractiveness of risky assets such as cryptocurrencies and stocks. In addition, the growing popularity of exchange-traded funds (ETFs) tracking the price of Bitcoin has led to an infusion of approximately US$50 billion (€47,331) of fresh capital into the market.

The current panorama suggests that evenn “There is ample opportunity for cryptocurrency adoption to grow.” Andy BaerCEO of Coindesk Indices, mentions in the media that investors fall into three categories: industry professionals, avid traders and the “5%,” i.e. new retail investors who are starting to explore the market. The last category has great potential for development.

Despite the progress, Baer notes that there is still a long way to go before cryptocurrencies become as accessible as traditional assets. Many of these “five percent” investors They have not yet gained access to products such as Bitcoin ETFs.or it indicates a great opportunity for growth in the future.

Optimism, according to Baer, ​​goes hand in hand with the fact that a Republican administration can promote constructive and understandable dialoguewhich will allow for more active development of the digital asset market.

European regulatory framework

Proponents of cryptocurrencies argue that a regulatory framework similar to that in Europe, known as MiCA (Markets for Crypto-Assets), could provide a model to follow. This regulator focuses on investor protection

and provides an environment in which cryptocurrencies can be safely launched and traded.