Is Trump driving investors to the cryptocurrency Bitcoin? Several insiders believe a record high is possible.
Donald Trump‘s chaotic tariff policy continues to unsettle investors worldwide. Barely had the markets calmed somewhat after the shock of early April when the US President stepped up his game. Could the cryptocurrency Bitcoin become a new “safe haven”?
Especially since Trump is now attacking the independence of the US Federal Reserve and wants to fire Federal Reserve Chairman Jerome Powell. Financial markets are reacting nervously to the man in the White House’s political vagaries. The US dollar has also recently lost value.
Trump unsettles investors – Bitcoin as a safe haven?
Now could be Bitcoin‘s hour! The cryptocurrency has proven itself resilient, stable, and stress-resistant in recent weeks. Since the financial market tremors on April 9, it has risen by around 18 percent (as of April 22). Given the situation on the stock market and the US dollar, Bitcoin could now be a safe haven for investors.
The medium-term vision of some experts is very broad. The well-known financial advisor and bestselling author Robert Kiyosaki predicts a Bitcoin price of $180,000 to $200,000 by the end of 2025. It currently stands at around $88,600 (as of April 22). That would more than double the price! It would be an absolute all-time high, which currently stands at $108,786.
Plenty of upside potential – but also significant risk
Robert Kiyosaki isn’t alone in his prediction. Bitcoin expert Sean Farrell from the research firm Fundstrat also believes $175,000 is achievable this year. This offers significant upside potential – but Farrell also cautions, emphasizing that the crypto market remains highly volatile. Prices can also plummet rapidly.
Thus, investing in Bitcoin remains particularly risky. However, the cryptocurrency could be an attractive alternative for generating significant returns in these turbulent times under Trump.
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