Standard Chartered predicted that the price of Bitcoin will reach $ 125,000 by the end of this year if Trump's announced economic policies are implemented, with the possibility of achieving the level of $ 150,000 if additional measures are taken to promote the widespread adoption of digital currencies.
According to the report, the US president-elect plans to adopt a strategic reserve of Bitcoin and relax some regulations related to digital currencies, which will boost the spread of these currencies and support digital markets.
The digital currency "Bitcoin" witnessed a record rise in its market value after the victory of former US President Donald Trump in the 2024 presidential election, where its price reached about $ 75,000, achieving its highest level in the history of digital trading. The rise was attributed to markets optimistic about Trump's pro-crypto policies, as he reiterated his intention to make the United States a "leading power in the field of Bitcoin."
Source (Al-Arabiya.net Website, Edited)
