Deutsche Bank: Optimistic about BTC’s prospects, expects the coin price to remain high in 2025

Deutsche Bank released a report on Wednesday expressing optimism about the future of the cryptocurrency market and expecting the price of BTC to remain at a high level in 2025. The report emphasizes that the continued support of Cryptocurrency by US President Donald Trump is a key driver for the continuation of the 'Cryptocurrency Golden Age'.

According to a report by Deutsche Bank, the more friendly regulatory and political environment in the United States, the gradual participation of institutional investors, and the loose trend of the Fed's currency policy have provided strong support for the price of Bitcoin.

Trump's policies help to continue the bull market

Deutsche Bank analyst Marion Laboure pointed out that the Trump administration's friendly attitude towards cryptocurrency means that the current bull market will continue to accelerate, and the continued support from the presidential level will also be the key driving force for the continuation of the 'Cryptocurrency Golden Age'.

On Thursday, Trump reiterated his commitment to making the United States the "global hub for Cryptocurrency and artificial intelligence (AI)" in his virtual speech at the World Economic Forum.

On the same day, Trump signed an executive order at the White House, requiring the establishment of a Cryptocurrency task force. The task is to develop a Cryptocurrency regulatory framework and assess the possibility of establishing a national digital asset reserve. The task force is chaired by David Sacks, the White House "AI and Cryptocurrency czar", with members including the Secretary of the Treasury, the SEC Chairman, the CFTC, and heads of other relevant departments and agencies.

In addition, Trump has nominated Paul Atkins, who supports Crypto Assets, as SEC chairman, sending a positive signal. Deutsche Bank pointed out that this appointment indicates that the United States is moving towards "encouraging innovation" in Cryptocurrency policy, bringing new opportunities for the market.

In addition to the favorable policies in the United States, the European market has also made a major breakthrough. With the formal launch of the 'Markets in Crypto Assets' (MiCA) regulation in December last year, the regulatory framework for Cryptocurrency in the European Union has become more complete, and the market's legitimacy and confidence have been simultaneously improved.

Bitcoin reserves added fuel to the fire.

Deutsche Bank expects the US government to announce further details on whether to establish BTC reserves in the first quarter of this year.

If this project is ultimately implemented, it will symbolize BTC officially entering the core position of national assets, not only bringing profound impact to the market, but also further consolidating the United States' global leadership position in the Cryptocurrency field.

Deutsche Bank: Optimistic about the future of BTC, bullish on coin prices in 2025. This article was first published in Blockchainer.