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UAE: With Trump’s Return as US president, Bitcoin Might hit $150,000

  • January 20, 2025
  • 2 min read
UAE: With Trump’s Return as US president, Bitcoin Might hit $150,000

According to currency industry officials, Bitcoin might hit $150,000 by the end of 2025 due to growing institutional usage and backing for cryptocurrencies from US President-elect Donald Trump. Before this becomes a support level for the cryptocurrency, some analysts say that Bitcoin must close over $100,000 for a few months.

After recently surpassing $100,000, Bitcoin fell below this crucial psychological threshold again.  After Trump introduced his cryptocurrency and there were rumours that he was going to issue an executive order to make cryptocurrency a national priority, it increased once more.

Like gold, cryptocurrency is being widely adopted by institutions and individual customers as a hedge against inflation and other hazards. Donald Trump’s ascent to power is a good thing. People are switching from Bitcoin to Ethereum and other cryptocurrencies due to market cycles, according to Konstantinos Chrysikos, director of client relations at Kudo Trade.

By the end of 2025, I predict that Bitcoin will have stabilised between $110,000 and $120,000 before reaching $150,000. “It sounds crazy, but we have seen crazy things happening in Bitcoin and cryptocurrency that nobody could believe,” he added, adding that this is a very cautious scenario.

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