The outlook for bitcoin (BTC), the world’s largest cryptocurrency, is positive and its price is expected to remain elevated in 2025, German lender Deutsche Bank (DB) said in a report on Wednesday.
A more favorable regulatory and political environment in the US, growing institutional adoption, and looser monetary policy from the Federal Reserve are expected to support the price of the cryptocurrency, according to the report.
The Trump administration’s support for cryptocurrencies means the current market bull run should continue, and continued presidential support is key to the “continuation of the golden age of cryptocurrencies,” wrote analyst Marion Laboure.
While President Trump did not sign any executive orders related to cryptocurrencies on his first day in office, the announcement that the Securities and Exchange Commission (SEC) will develop a regulatory framework for digital assets is a first step toward an overhaul. of the industry. the report said.
The appointment of Paul Atkins as SEC chairman is also indicative of a “shift toward an innovation-friendly approach,” Deutsche Bank noted.
With the entry into force of the Crypto Asset Markets (MiCA) regulation in the EU in December, the European crypto market now enjoys greater legitimacy and security, the report adds.
In the first quarter there could be more clarity on the possible establishment of a bitcoin reserve in the US, the bank said.
Read more: Bitcoin is no longer a niche investment as institutional adoption takes off – WisdomTree
