Thai financial circles are chasing Bitcoin, and the development of cryptocurrencies will reach new heights
Bitcoin hit an all-time high of $100,000, thanks to a wave of positivity surrounding Donald Trump's open attitude towards digital currencies. Under the wave of Bitcoin's surge, many Thai financial practitioners are very optimistic about cryptocurrencies and are more looking forward to a more friendly financial regulatory environment and abandoning red tape.
Bitcoin is rising like a new star, and traders are talking about the possibility that its price#maysoar from $98,000# to a dazzling $180,000. Optimism about Bitcoin stems from hopes of a sharp interest rate cut by the Federal Reserve next year and a lot of interest from big-money institutional investors.
Cryptomind said that if Trump introduces cryptocurrency-friendly policies, Bitcoin and stablecoins such as USDT and USDC may trigger a bullish wave. However, Peerapat stressed the need to remain vigilant, reminding investors of the notorious volatility and inherent risks of the crypto market.
