The world's leading cryptocurrency may reach $160,000 later this year, and even jump to $240,000 in a best-case scenario, according to an expert.

Bitcoin, other cryptocurrencies and even the newly minted token bearing Donald Trump's name cooled on Tuesday, after the U.S. president's first set of policies following his inauguration made no reference to the asset class.

Brian Armstrong, CEO of Coinbase, has revealed that former U.S. President Donald Trump is excited about the idea of a strategic Bitcoin Reserve.

CBOJ, the first of three ETFs, provides investors with 100% downside protection while offering 10% to 11.5% upside potential over a one-year period, according to a press release. A representative of Calamos told CoinDesk that as of 12:11 p.m. ET, the ETF traded roughly 635,714 shares.

Binance CEO Richard Teng told CNBC he sees “much clearer regulation” in the U.S. this year, adding this will be supportive for crypto markets.

This means that a conservative view is for Bitcoin to rise almost 900% to reach gold's market cap. But it's reasonable to expect the digital asset's price to increase even more over time. That makes buying Bitcoin while it's at $95,000 a once-in-a-decade opportunity.

Gary Gensler has described crypto as the Wild West and one observer said markets are likely to see just that under new leadership in D.C.

January 2025 marked the first anniversary of U.S Spot Bitcoin [BTC] ETFs. This groundbreaking development revolutionized both the cryptocurrency landscape and traditional finance. Approved by the U.S.

Goldman Sachs CEO David Solomon said Wednesday that he sees Bitcoin as a speculative asset rather than as a competitor to the U.S. dollar.

Bitcoin and other cryptocurrencies recoiled after Trump's first set of policies following inauguration did not refer to this asset class.

Bitcoin (BTC) prices reached an all-time high of £88,369 ($109,134) on 20th January after the US Securities and Exchange Commission, led by the newly appointed acting Chair, Mark Uyeda, unveiled a crypto task force to develop a new regulatory framework for the industry.