#DonaldTrump The inauguration of the elected president of the United States, Donald Trump, on January 20, could be an important catalyst for cryptocurrency prices. Expectations for the incoming administration include more crypto-friendly regulations and better economic policies in the U.S.
However, Trump's inauguration may not lead to an immediate crypto surge.
Let's hope that the new presidency brings more clarity to crypto policies; however, I do not see the inauguration as a significant price appreciation event, but rather as a precursor to forging a less obstructed path for cryptocurrencies in the United States.
Predictions follow analysts' calls for a peak of USD 200,000 in the price of Bitcoin during 2025, bolstered by the record growth of spot Bitcoin exchange-traded funds (ETFs) in the U.S., which are approaching USD 110 billion in assets under management.
Recovery requires higher trading volume.
Despite the optimistic price trajectory, Bitcoin remains limited by the illiquidity of the holidays.
To stage a recovery rally above the six-figure mark, Bitcoin still needs to accumulate more trading volume, wrote CryptoQuant analyst Axel Adler.
For a strong push, we lack sufficient trading volume. Therefore, we are waiting for the market to recover from the holiday season.