Analysts at German lender Deutsche Bank (DB) say we’re now in “crypto’s golden era” with rising asset prices and supportive policies.
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Analyst Marion Laboure says the price of Bitcoin (BTC) and other cryptocurrencies can be expected to remain elevated throughout 2025 due to a favorable regulatory environment, growing institutional adoption of digital coins and tokens, and looser monetary policy.
Support for crypto from the administration of U.S. President Donald Trump likely means a “continuation of crypto’s golden era,” writes Laboure in a note to clients. She adds that news the U.S. Securities and Exchange Commission (SEC) is developing a regulatory framework for crypto is a potential first step towards a positive overhaul of the entire crypto sector.
Expect Prices to Rise
The appointment of Paul Atkins as SEC chair is also indicative of a “shift towards an innovation-friendly approach” towards crypto, writes Laboure in her market outlook. Other actions that could be supportive of Bitcoin include greater clarity from President Trump on the establishment of a strategic Bitcoin reserve, which was a key campaign promise, notes Deutsche Bank.
While Bitcoin has been volatile in recent days, Laboure says it likely won’t be long before the price is once again testing new highs. Bitcoin is currently trading at $105,000, down from a record high above $109,000 on Jan. 20, the day of Trump’s inauguration.
Is BTC a Buy?
Most Wall Street firms don’t offer ratings or price targets on Bitcoin, so we’ll look at the cryptocurrency’s three-month performance instead. As one can see in the chart below, the price of BTC has risen 52.24% in the last 12 weeks.