Axios: Donald Trump will provoke bitcoin’s growth to $ 150 thousand

US President-elect Donald Trump plans to focus his administration’s attention on the development of cryptocurrencies. In particular, we are talking about bitcoin BTC $104,919.49 Bitcoin 2.34% Market capitalization $2.08 trillion VOL. 24 hours $2.49 billion , which may rise in price to $ 150,000 at the beginning of his presidency. According to Axios, members of Trump’s transition team said that the president-elect views bitcoin as a «new stock exchange.» He sees it as an opportunity to strengthen the US position as a leader in advanced technology.

In his post on the Truth Social platform, Trump expressed his admiration for bitcoin’s record-breaking achievement of $ 100,000 per coin. Thus, it is expected that the Trump administration will create a «legal framework» to ensure transparency and stability in the cryptocurrency sector. Several key candidates have been nominated to implement this plan:

• David Sachs, the former PayPal CEO, has been appointed as the White House’s «Crypto Czar». He will be responsible for creating a comprehensive regulatory framework for the crypto industry.
• Paul Atkins, former Commissioner of the US Securities and Exchange Commission (SEC). He will become the new chairman of the SEC after the resignation of Gary Gensler. Atkins has long supported the introduction of clearer regulation in the crypto sector.

Trump, who in 2019 criticized bitcoin for its high volatility, has changed his mind and now promises to make cryptocurrencies a key element of his economic program. He plans to focus on innovative sectors that will contribute to economic growth, including cryptocurrencies, energy, finance, and technology. These initiatives are part of his vision of a «golden age of America» that he has promised to realize in his new presidential term.