Deutsche Bank, based in Germany, has released an optimistic outlook for Bitcoin (BTC) $103,427, the world’s largest cryptocurrency. According to the bank’s report, Bitcoin prices are expected to remain high through 2025.
Regulatory and Political Support
The report indicates that a more favorable regulatory and political environment in the U.S. will support Bitcoin’s price. Notably, the Trump administration’s backing of cryptocurrencies is highlighted as a factor that could maintain the market’s current upward trend.
“The Trump administration’s support for crypto is crucial for sustaining the current bull trend.” – Marion Laboure.
Deutsche Bank predicts that increasing institutional adoption and the Federal Reserve’s easing monetary policy will positively influence cryptocurrency prices. Additionally, the SEC‘s development of a regulatory framework for crypto assets is expected to contribute to the restructuring of the sector.
The Possibility of an American Bitcoin Reserve
The bank’s report suggests that more clarity regarding a potential U.S. Bitcoin reserve plan could emerge in the first quarter. This move is anticipated to heighten institutional interest in Bitcoin.
With the appointment of Paul Atkins as SEC chair, who is expected to adopt an innovation-friendly approach, Deutsche Bank foresees a positive shift in the crypto sector. The bank believes this appointment will accelerate innovative initiatives within the industry.
Confident about the future of cryptocurrencies, Deutsche Bank thinks that upcoming regulatory developments and institutional adoption will support Bitcoin prices. The factors outlined in the report are expected to bring stability to the cryptocurrency market in the coming years.