What to Expect After the Big Rally in Bitcoin Price, What Will Come? Here’s the Experts’ Opinion

After Donald Trump’s election as US president crypto para As markets rise in anticipation of a favorable regulatory environment Bitcoin Today it broke a record by exceeding $86,000.

With pro-crypto candidates gaining seats in Congress, investors expect a friendlier stance towards digital assets in the coming years. Bitcoin, the world’s largest cryptocurrency, reached $85,000, more than doubling from this year’s low of $38,505.

Trump campaigned on promises to establish the United States as the “crypto capital of the planet” and stated plans to create a national Bitcoin reserve, sending positive signals to crypto investors. “Bitcoin’s Trump pump is alive and well,” said Matt Simpson, senior market analyst at City Index, adding that a possible Republican-controlled Congress is fueling expectations for crypto deregulation.

A central point for investors is Trump’s promise to fire SEC Chairman Gary Gensler, whose term in office has seen increased regulatory scrutiny of cryptocurrencies. The industry has long sought clarity, and Trump’s election is seen as a potential turning point toward deregulation.

In the last election cycle, the cryptocurrency industry spent over $119 million supporting pro-crypto candidates, and many of them won key races. In Ohio, Senate Banking Committee Chairman Sherrod Brown, known for his tough stance on crypto, was removed from office. Pro-crypto candidates from both parties scored wins in Michigan, West Virginia, Indiana, Alabama and North Carolina.

The crypto-friendly environment has been supported by big names like billionaire Elon Musk, Trump ally and advocate of digital assets. In addition, Eric Trump, vice chairman of the Trump Organization, will speak at a Bitcoin conference in Abu Dhabi next month, signaling the Trump family’s involvement in the industry.

Deutsche Bank research analyst Marion Laboure noted that the Trump administration could lead to faster regulatory clarity, stronger institutional participation and increased mainstream adoption of crypto. “Trump’s pragmatic approach marks a clear departure from recent regulatory crackdowns,” Laboure said.

Optimism surrounding Trump’s victory has also led to a surge in cryptocurrency-related ETFs. Data from Citigroup revealed that Bitcoin ETFs saw record inflows of $1.38 billion on November 7, indicating increased institutional interest. “ETF inflows have been the dominant driver of Bitcoin returns, and we expect this trend to continue in the near term,” Citigroup analysts said.

Deutsche Bank’s Laboure, while evaluating the FED’s interest rate cuts, stated that such moves could further strengthen the crypto market by providing a supportive economic basis.

*This is not investment advice.