Trump's Election Sparks Bitcoin Surge Toward $100K, Investors Eye $250K by 2025 Amid Regulatory Optimism

Bitcoin and cryptocurrencies, including Ripple's XRP, have seen a significant rise lately. The price of Bitcoin is now close to hitting $100,000 again after a recent dip.

This year has been quite a ride for Bitcoin. The election of Donald Trump as U.S. president has fueled a massive $15 trillion bet on Bitcoin prices.

Now, with Elon Musk hinting at a game-changing moment for the crypto market, Bitcoin enthusiasts are raising their price predictions for 2025. They feel optimistic after Trump's election has led to a more favorable regulatory environment.

“U.S. institutional investors are likely to invest more in crypto assets, and the rest of the world will follow,” says Ed Hindi, chief investment officer at Tyr Capital, a crypto hedge fund based in Switzerland. He projects a price target of $250,000 for Bitcoin by 2025.

“Trump’s win is a big regulatory green light,” he adds, “that will encourage more participation and larger investments in Bitcoin, Ethereum, and top DeFi altcoins.”

Trump has been vocal about his support for Bitcoin and crypto this year. He has promised to create a Bitcoin strategic reserve and ease regulations that many in the industry find stifling. He’s even considering replacing the current SEC chair, Gary Gensler, with someone more favorable to crypto.

According to Yuya Hasegawa, a market analyst at Bitbank in Tokyo, “The price of Bitcoin bounced back from $91,000 on Wednesday.” He notes that former SEC commissioner Paul Atkins, known for his pro-financial technology views, might be the new SEC chair under a second Trump administration. Hasegawa believes the upcoming Thanksgiving holiday could help Bitcoin cross the important $100,000 mark.

There’s an interesting pattern around Thanksgiving in the crypto market. Historically, during a bull market, Bitcoin tends to drop around this time but usually rebounds after a week or two. This is known as the “Thanksgiving anomaly.” It was seen during the bull runs of 2016 and 2020, which coincided with Bitcoin’s halving events. Since Bitcoin went through its fourth halving this past April, many traders might view a Thanksgiving dip as a great buying opportunity.

However, Hindi and other market watchers expect volatility to continue in the coming weeks. Bitcoin and smaller cryptocurrencies like XRP have surged through November.

“We expect both the bull run and volatility in Bitcoin to last for the rest of the year,” Hindi states. “A price range of $75,000 to $120,000 wouldn’t be surprising.” He anticipates that corrections will happen quickly, driven by both dip buying and profit-taking as fear of missing out (FOMO) kicks in.

The Trump Trade has lifted Bitcoin and stocks to record highs. Hindi believes the early Santa Claus rally may be overextended, leading to profit-taking as the year wraps up.