The Standard Crypt Bull still beats $ 500,000 in Bitcoin

Chartered Crypto Standard Standard Standard Kits $ 500,000 during the Presidency of Donald Trump, even after a sales of the world’s largest digital currency.

Geoffrey Kenddrick carries out research on Standard Digital Assets, CNBC said that Bitcoin will get a $ 200,000 brand in the coming years even more.

“Within the Crypto ecosystem, what we need is traditional financial players, for example Standard letterDelightful Friendly And when others with ETFs actually entered, “Kendrick said” Squawk Box Europe “in an interview with Thursday.

“As the more institutionalized industry, it should be safer,” Kendrick said, that is, this is the last few negative titles, such as the latter $ 1.5 billion in the Bype of Cryptographic Hack Exchange Last week.

Institutions This growth of crypto adoption, along with some “regulatory clarity” in the US, should have less volatility over time.

“It should be added to this medium-term potential, for me, this year is Bitcoin 200,000 Bitcoin, and $ 500,000 before the Trump leaf offices,” Kendrick CNBC said Kendrick said.

Kendrick said that large financial institutions are necessary to stabilize the catalyst for investing in Bitcoin and stabilize in other crypto assets with regulatory prices.

Bitcoin earlier this week Below 90,000 dollars is three months low It declines in global heritage markets. From Thursday, tokens were negotiating in $ 86,418. This means that the $ 108,786 has fallen by about 20%, the coin prevailed in January, according to Coinec data.

The Kendrick Standard of the letter said that digital currencies fell in a broader way around rates and resolutions, such as Russia-Ukraine and Israel Gaza.

“Risk assets do not like uncertainty, so that’s what U.S. Sight was seen by small technological stocks,” Kendrick said, adding, also gave a negative feeling about the crypt.

Crypto’s view expects that later in the industry, new rules of establishments and money laundering regulations.

“That should be legitimized, so you will see more US banks. You will continue to promote larger organizations in the United States,” Kendrick said.

Kendrick was one of the many market analysts planned to duplicate Bitcoin’s price this year 200,000 to $ 200,000. Bitcoin broke $ 100 billion money in Dec. by continuing the US presidency elections.

Crypto Bulls View Trump has positively gave it for digital currencies. In January, Trump signed an executive order Encourage the progress of cryptocurrences in the US and develop a national digital asset repository.

Crypto Investors, Companies and Directors It was almost half of corporate donations In the 2024 election cycle, it helps Trump campaign for several million dollars.