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Fadi Aboualfa, head of research at Copper.co, said that by January 20, 2025, when Trump becomes president, the price of bitcoin is likely to reach $100,000. In written comments sent to CNBC after the news of Trump's election victory, Aboualfa said: "It is worth remembering for bitcoin that Trump witnessed two all-time high cycles during his 2016-2020 presidency. Although these gains have come against the backdrop of a weaker dollar, unlike today's stronger dollar environment. However, given that...

2024-11-08 08:11:44