Abra CEO: BTC to grow by 259% due to Trump’s policies

Bill Bargdt, CEO of the Abra cryptocurrency exchange, has released a forecast of potential price increases for Bitcoin BTC $96,556.32 Bitcoin -1.49% Market capitalization $1.91 trillion VOL. 24 hours $2.04 billion , Ethereum ETH $2,774.85 Bridged Ether (StarkGate) 2.63% Market capitalization $0.24 billion VOL. 24 hours $1.85 billion , Solana SOL $173.01 Solana -0.40% Market capitalization $84.55 billion VOL. 24 hours $0.47 billion , and Sui SUI $3.41 Sui -0.46% Market capitalization $10.53 billion VOL. 24 hours $0.17 billion in the current market cycle. The expert believes that the economic policy of the Donald Trump administration could lead to a massive injection of liquidity. In turn, this will contribute to the rapid growth of the crypto market.

Predicted prices of the top cryptocurrencies:

• Bitcoin (BTC): $ 350,000 (an increase of more than 259% from the current price).
• Ethereum (ETH): $ 8,000 (200%).
• Solana (SOL): $ 900 (350%).
• Sui (SUI): $ 25 (676%).

Bargdt also noted that at the upper end of his forecast, prices could rise twice as much as these figures. He believes that the Trump administration will try to lower interest rates, which could lead to a significant inflow of capital into the cryptocurrency market.

The analyst also recalls that in April 2024, he predicted the overall growth of the cryptocurrency market capitalization to $ 50 trillion in the next ten years if real assets start to be tokenized en masse.

Despite the optimistic forecasts, experts warn that investors should be cautious, as the crypto market is still experiencing high volatility and is quite sensitive to macroeconomic factors.