Bitcoin is approaching the threshold of 100 thousand dollarswith a current value close to 98 thousand dollars. The cryptocurrency continues to show signs of strength thanks to institutional inflows and growing adoption by mainstream investors. In this scenario, attention is also paid to Donald Trump’s policiesre-elected, which could positively influence the growth of Bitcoin, creating a more favorable environment for cryptocurrencies in the United States.
Value close to 100 thousand dollars
Currently trading at around $97,630 (back near the record), Bitcoin has seen a small decline of 0.13% in the last 24 hours, but its momentum remains evident. The cryptocurrency is close to surpassing the 100 thousand dollar barrier, a level that represents its resistance.
Bitcoin’s performance is not an isolated case. The growing institutional interest and adoption of Bitcoin ETFs are consolidating its position in the global financial landscape, and in particular in the United States, acting as catalysts for the price increase.
The positive influence of Trump’s re-election
There re-election of Donald Trump had an immediate and positive impact on Bitcoin’s rally. Once critical of cryptocurrencies, Trump has changed course, declaring that the United States should become “the crypto capital of the world.”
With the appointment of Paul Atkins to the SEC, a well-known supporter of cryptocurrencies, the Trump administration has sent a clear message of openness towards the sector. Analysts see his re-election as a major boost for Bitcoin, fueling optimism about a possible strategic reserve of Bitcoin in the US Treasury, and creating a favorable environment for theinstitutional adoption of money digital.
The adoption of Bitcoin by institutions, also fueled by the growing interest in ETFs, is giving a fundamental boost to the market, increasing the legitimacy of the cryptocurrency as a credible investment asset. Not only institutional investors, but also big names like BlackRock are suggesting the use of Bitcoin as a diversification tool in investments.
With the increasingly strong adoption of cryptocurrencies in America, Trump could also play a crucial role in Bitcoin’s further growth in 2025, setting the stage for a new wave of adoption and stabilizing the market like never before.
