In recent days, the currency $ has dominated the global economic and media scene with strong statements from prominent figures, alongside a heightened anticipation for the U.S. Federal Reserve Chairman's speech in Jackson Hole. These combined factors highlight the future of digital currency between long-term optimism and short-term risks.
Eric Trump: $ to one million
During his participation in the Jackson Hole seminar, Eric Trump, the son of the U.S. President, confirmed that there is no doubt that BTC will exceed the $1,000,000 barrier in the future. Describing himself as a "Bitcoin Maxi", Trump emphasized that this currency is no longer just a traditional investment asset, but a global financial project that will change the rules of the game.
Brian Armstrong: 2030 is the date of the price explosion
For his part, Brian Armstrong, the CEO of Coinbase, expressed his deep optimism for the future of $BTC, predicting that its value will reach $1,000,000 by 2030. He attributed his prediction to three main factors:
1. Regulatory progress in the United States, which grants the market legitimacy and stability.
2. Initiatives to create a strategic reserve of $BTC, reflecting the confidence of institutions and nations.
3. A lower level of risk compared to the past, with increased adoption by major financial institutions.
Markets await Powell's speech
In contrast, there is a state of caution in the cryptocurrency markets as Jerome Powell, the Chairman of the U.S. Federal Reserve, approaches his speech. It has decreased by about 10% from its yearly highs ($124,290), as traders began to take profits in anticipation of a possible tightening of monetary policy.
Analysts believe that any signal from Powell regarding a rate cut in September could bolster BTC's rise again, while sticking to a tight policy may lead to continued volatility.
Between optimism and reality
These developments place btc at a crossroads:
Trump's and Armstrong's statements bolster optimism for a bright future that could lead to unprecedented levels.
U.S. monetary policy remains a critical factor in the short term, and it may determine whether investors will take advantage of the current declines as buying opportunities or will lean towards more caution.
Summary
Bitcoin today lives between political and economic visions that promise a bright future and market fluctuations tied to Federal Reserve decisions. While the road to one million dollars may seem long, current indicators confirm that $BTC is no longer just a digital currency, but a key player in the global economy.