As Bitcoin continues to recover from a significant decline, its price remains just below the $90,000 mark, struggling to break through the $88,000 resistance level as the first quarter of 2025 draws to a close.
Despite this, the cryptocurrency market is still anticipating a potential rally in the coming months.
Nigel Green, the CEO of deVere Group, a prominent global financial consultancy, has projected that Bitcoin could surge to $150,000 by the end of this year. He believes that this growth will be driven in part by the supportive stance that U.S. President Donald Trump has taken toward cryptocurrencies.
Green explained that Trump’s tariff policies could create economic uncertainty, prompting investors to seek out safer assets like Bitcoin. He suggests that many investors may turn to BTC as a digital equivalent of gold, seeing it as a safe-haven asset in times of global instability.
In Green’s view, Bitcoin’s potential to thrive is linked to both the broader macroeconomic landscape and Trump’s crypto-friendly policies.
He believes that, as gold traditionally benefits during uncertain times, Bitcoin could similarly attract investors looking for alternatives, driving its value up significantly in the process.
A supermarket in Zug, Switzerland, has begun accepting Bitcoin payments, adding to the country’s expanding list of crypto-friendly retailers.
After a period of uncertainty and major price volatility for the stock and crypto markets amid Trump’s tariff turmoil, investors are seemingly more calm.
After weeks of uncertainty, the bearish grip on Bitcoin may finally be easing, according to a recent analysis by crypto research firm Swissblock.
On April 17, 2025, U.S. spot Bitcoin ETFs experienced a significant uptick in inflows, while Ethereum ETFs saw no net movement, according to data from Farside Investors.