CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
coinpedia 2025-01-23 14:07:07

Bitcoin Outlook To Remain Positive In 2025: Deutsche Bank

The post Bitcoin Outlook To Remain Positive In 2025: Deutsche Bank appeared first on Coinpedia Fintech News Deutsche Bank in a latest report has shared that the outlook for Bitcoin is expected to remain positive with the price expected to remain elevated in 2025. The report highlighted that the expectations of a more favourable regulatory and politcial backdrop in the US, together with growing institutional adoption and looser Fed policy, all of these will act as catalysts to support the flagship crypto’s price. The Bull Run Must Go On! Analyst Marion Laboure wrote that the Trump administration’s support for crypto means the market’s current bull run should continue, and ongoing presidential backing is key for the “continuation of crypto’s golden era.” Althought Trump did not sign any crypto related executive orders on his first day in office, the SEC has formed a new crypto task force to develop a regulatory framework for digital assets which is seen as a significant move in the government’s efforts to towards an overhaul of the industry. More Details In Q1 Deutsche Bank also noted that the appointment of Paul Atkins as the next SEC Chair is also indicative of a shift towards an innovation-friendly approach. The report also noted that with the implementation of the Markets in Crypto-Assets (MiCA) regulation in the EU starting in December, the European crypto market has gained enhanced legitimacy and security. The bank said more details about the possible creation of a U.S. bitcoin reserve could be revealed in the first quarter.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.