The cryptocurrency market is experiencing significant developments as of January 18, 2025. Bitcoin (BTC) has surged past the $100,000 milestone, currently trading at approximately $104,140. This upward trend is largely attributed to the anticipation of pro-cryptocurrency policies from President-elect Donald Trump, who is set to be inaugurated on January 20, 2025.

Trump’s administration plans to implement over 100 executive orders focusing on the digital asset industry, including policies on crypto de-banking and accounting, aiming to establish a more favorable regulatory framework. Notably, the nomination of Paul Atkins, a crypto-friendly lawyer, as the new SEC Chair indicates a potential shift towards supportive crypto regulations.

Analysts predict that these developments could lead to increased institutional adoption and drive Bitcoin’s price up to $225,000 per coin in 2025.

Additionally, altcoins are expected to experience significant gains due to the potentially more favorable regulatory environment. However, experts advise caution, highlighting the varying credibility and volatility of altcoins.

Overall, the cryptocurrency market is poised for substantial growth, influenced by anticipated regulatory changes and increased institutional interest.