CEO of Devere Group, Nigel Green, predicts that if former US President Donald Trump wins the upcoming election, bitcoin could reach record highs due to pro-crypto policies, deregulation, and increased investor demand. Trump's previous support for digital currencies and criticism of centralized financial institutions has earned recognition within the crypto community, and his focus on deregulation could create a friendlier environment for bitcoin. With rising global economic concerns, bitcoin becomes an attractive alternative for investors looking to hedge against market risks, and a Trump re-election could bring more institutional money into the cryptocurrency, driving its price higher. Green believes that a Trump victory could spark a substantial rally for bitcoin and potentially send it to new records.
- Content Editor ( news.bitcoin.com )
- 2024-11-02
Unprecedented Bitcoin Rally Looms With Crypto Market Poised for Record Highs