Commentary

Will bitcoin hit $150,000 in 2025? If so it won’t just be down to Trump

Increased interest from professional investors and a more favourable regulatory framework are also positive signs for bitcoin

The price of bitcoin has surged by more than 50% since Donald Trump won the US presidential election on 5 November
The price of bitcoin has surged by more than 50% since Donald Trump won the US presidential election on 5 November Photo: Bloomberg via Getty Images

On 16 December, bitcoin reached a record high above $106,000.

Donald Trump’s re-election seemingly sparked the incredible rally since early November, born of a growing belief that the president-elect will usher in a crypto golden age with lighter regulation and positive policymaking.

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