Bitcoin under Trump: record prices and family influence on the future!

Bitcoin under Trump: record prices and family influence on the future!

The largest Bitcoin conference in the world, which takes place in Las Vegas, Nevada, from May 27 to 29, 2025, attracts significant personalities from the crypto industry. Among the speakers are Vice President JD Vance, Donald Trump Jr. and Eric Trump, all of whom come from the environment of US President Donald Trump. David Sacks, the crypto representative of the White House, is also present and demonstrates the proactive attitude of the current administration compared to cryptocurrencies. This proximity to the crypto industry raises questions about the integrity of his administration before and during its presidency, especially in view of his earlier skeptical attitude towards Bitcoin technology.

Bitcoin has experienced a remarkable price increase in the past few weeks. The course rose to a record of $ 111,970. This means an increase of 2.6 % compared to the previous high on Inauguration day when it was $ 109,114. It is noteworthy that Bitcoin has been able to grow by 60 % since Trump's re -election in November 2024 after the price on election day was around 69,539 USD. This positive development is in accordance with the optimism of investors about the crypto-friendly government policy, which Trump from the appointment of pro-crypto figures in important regulatory positions, as Paul Atkins promotes as a new SEC chairman.

political agenda and measures

On January 20, 2025, Donald J. Trump was sworn in as President of the United States. His administration shows clear support for Bitcoin and has already taken measures to degrade the regulation of the cryptoma market. This is in contrast to the bid administration, which previously followed a restrictive approach, which was characterized by Operation Chokepoint 2.0, among other things, and numerous lawsuits against crypto companies. Trump's team also recognizes the innovative strength of Bitcoin technology and strives to make the USA a manager in digital financial technology.

The political developments in the first 30 days of his term include the "complete and unconditional" pardon for Ross Ulbricht, an executive order to strengthen American leadership in digital financial technology and the cancellation of SAB 121 by Securities and Exchange Commission (SEC). Senator Cynthia Lummis, who is now the chairmanship of the Senate Digital Asset Senate, sees Bitcoin as a potential solution for the pressing US state debt, which is currently

market analyzes and forecasts

at a time when global financial markets and stable coins such as Libra/Diem require increasing attention, Trump plans to transfer confiscated cryptoassets to a national reserve. The Bitcoin Policy Initiative (BPI) will try to clarify legislators about the strategic value of Bitcoin. The Bitcoin course has also recovered since the low point in February, when it fell below 90,000 USD due to market uncertainties.

Developments on the market are promising. Companies like Strategy (formerly Microstrategy) report positive returns on their Bitcoin stocks and see a strategic asset in Bitcoin. In the first quarter of 2025, Strategy achieved a return of 13.7 % to Bitcoin stocks, even if sales decreased by 3.6 % compared to the previous year.

The crypto market has experienced a significant upswing by supporting the Trump administration. With the prediction that the United States will accumulate a million Bitcoin by an average of $ $ 100,000 by 2029, Bitcoin could achieve an estimated value of $ 21 trillion by 2049. This not only strengthens Bitcoin's position in the global financial system, but also catalyzes a nationwide debate on the regulation and the future potential of this digital currency. However, critics warn of possible conflicts of interest, since Trump, who used to be against cryptocurrencies, now appears as a supporter.

The ongoing developments indicate that the United States may soon act as an international reference model for the regulation of cryptocurrencies, which brings both opportunities and challenges for the industry.