What will happen to Bitcoin in 2025? A thorough explanation of important topics and future prospects

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Bitcoin became the poster child for the "Trump trade"

It has been about a month and a half since Bitcoin (BTC) surpassed $100,000 on December 5th last year. The victory of former President Donald Trump in the US presidential election, which is held every four years, was a major factor, and the market continued to grow with momentum.

The market was also boosted by the fact that SEC (US Securities and Exchange Commission) Chairman Gary Gensler is expected to resign at the same time as Trump takes office. Gensler is known for tightening the grip on the cryptocurrency industry, and many cryptocurrency-related companies were sued by the SEC during his term.

At the time of writing, the highest price of Bitcoin was recorded on December 18th last year, at about $106,100. Converted to Japanese yen at the exchange rate at that time, this is about 15 million yen.

Many reports predicting Bitcoin prices in 2024 at the end of 2023 predicted an increase to the $80,000 range. Some predicted a price in the $100,000 range, but few could have predicted that Trump's victory would have such a big impact.

Bitcoin's price was about $68,000 on November 5 last year, but it exceeded $100,000 a month later. Considering the rapid increase of $32,000 in just one month, you can see how big an impact Trump had.

By the time this article reaches readers, Trump will have officially become president and launched the second Trump administration. There are reports that he will issue a cryptocurrency-related executive order at the same time as he takes office, which may affect cryptocurrency prices.

In this article, we will focus on Bitcoin, which is likely to be hectic from the beginning of the year, and consider the factors that will affect price trends and the direction of the cryptocurrency market in 2025.