“Bitcoin price will remain elevated in 2025”: Deutsche Bank

Deutsche Bank, the German bank with 896 billion euros in assets under management, has predicted a good year for bitcoin (BTC).

The outlook for bitcoin is positive and its price is expected to remain high in 2025, says a new report from Deutsche Bank written by analyst Marion Labore.

According to him, a more favorable regulatory and political context in the United States for the market, together with growing institutional adoption and a more flexible monetary policy from the Federal Reserve (Fed), will support the price of bitcoin.

The bank’s report deepens that the support of the administration of the new president of the United States, Donald Trump, for the cryptoasset ecosystem means that current market bull run should continue. Continued presidential support is key to the “continuation of the golden age of cryptocurrencies,” he maintains.

Buoyed by the enthusiasm of the new administration, bitcoin hit a new all-time high price last Monday when Trump was inaugurated. This was above 109,000 dollars (USD), as the following graph shows.

Although President Trump did not sign any executive orders related to cryptocurrencies at the beginning of his office as the market desired, Deutsche Bank highlights an aspect that should not be overlooked. The announcement that the Securities and Exchange Commission (SEC) will develop a regulatory framework for digital assets It is a first step towards an industry overhaulclarifies.

The appointment of Paul Atkins as chairman of the SEC is also indicative of a “shift towards a pro-innovation approach,” highlights the giant German bank.

Given this panorama, Deutsche Bank considers that, In the first quarter of the year, more clarity could come about Trump’s campaign promise to create a bitcoin reserve in the United States.

In addition, he adds that a friendlier outlook is also being seen in other parts of the world, which is positive for the growth of the industry. He details that, with the entry into force of the regulation of Cryptoasset Markets (MiCA) in the European Union last month, The European cryptocurrency market now enjoys greater legitimacy and security.

Stephan Schmidt, scientific assistant to the German deputy Joana Cotar, has said that politicians in Germany are working hard for the possibility of Trump announcing a strategic bitcoin reserve.

The German government, unlike the United States, has sold all the BTC it had from seizures. Therefore, if you want to make a reservation, you should buy.

Although there is a bill in the United States that will force the government to buy bitcoin if it is approved, Trump has declared during the campaign that he will include the BTC seized by the government in the federal reserve as a strategic asset.

Banks want to get deeper into the bitcoin market

Deutsche Bank’s new projection It occurs amid growing corporate purchases of bitcoin for their investment portfolios and banks that want regulation that allows them to trade these assets.. Related to the latter, Trump is expected to sign an executive order to repeal SEC policy SAB 121, which prevents banks and financial institutions from holding crypto assets.

The CEO of Morgan Stanley bank, Ted Pick, has manifested this week that it plans to work with US regulators to become more involved in the cryptocurrency market.

“At the moment, from a regulatory perspective, we cannot own bitcoin,” commented David Solomon, CEO of Goldman Sachs bank, on the other hand. However, “if the world changes, we can have a discussion about it,” he added.

“If the rules come in and make it a real thing that you can actually do business with, you will find that the banking system will come into the cryptocurrency ecosystem heavily,” Bank of America CEO Brian Moynihan further said this week. as reported by CriptoNoticias.

With this panorama, There is interest from different sectors in going deeper into this ecosystem. of bitcoin and cryptocurrenciessomething that fuels optimistic expectations for the year.