Coinbase anticipates that the victory of Donald Trump in the 2024 US elections will create a favorable environment for cryptocurrencies, possibly raising Bitcoin to 100,000 USD. The shift in policies is expected to encourage investment and adoption in the sector.
The stablecoin market cap is projected to reach 3 trillion USD by 2025, which could constitute 14% of the US money supply. The rising preference for stablecoins reflects businesses seeking regulatory compliance, enhancing transaction possibilities.
The approvals of Bitcoin and Ethereum ETFs in the US indicate strong market interest, with inflows exceeding 30.7 billion USD. MAJOR firms are engaging in tokenization, contributing to a potential market value increase between 2 trillion USD and 30 trillion USD.