Deutsche Bank: Optimistic outlook for BTC, price expected to remain high in 2025
ChainCatcher news, according to CoinDesk, Deutsche Bank's latest report indicates an optimistic outlook for the world's largest cryptocurrency, Bitcoin (BTC), with prices expected to remain high in 2025. The report suggests that a more favorable regulatory and political environment in the U.S., increased institutional adoption, and the Federal Reserve's loose monetary policy will support Bitcoin prices.
The report notes that the Trump administration's support for cryptocurrencies means that the current bull market will continue, and the president's ongoing support is key to the "continuation of the golden age of cryptocurrencies." Additionally, the SEC will establish a regulatory framework for digital assets, and the appointment of Paul Atkins as SEC chairman also indicates that regulation is shifting towards a more innovation-friendly direction.