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What will be the primary driver if Bitcoin reaches $1 million by end of 2025?
2
Resolution / Starting Odds
US regulatory changes • 25%
Global economic instability • 25%
Technological advancements • 25%
Other • 25%
Analysis from cryptocurrency experts and major financial news outlets
Story
Eric Trump Unveils Plan to Make US Crypto Capital, Predicts Bitcoin Will Hit $1 Million
Dec 10, 2024, 05:05 PM
Eric Trump, son of President-elect Donald Trump, announced at the Bitcoin MENA conference in Abu Dhabi that his father plans to make the United States the 'crypto capital of the world' through sensible regulation and making crypto tax-free. He stated that the Trump administration supports cryptocurrency and aims to foster innovation in the space. Eric Trump emphasized that they have been 'big fans of crypto for a long time' and noted that 'every country in the world is embracing crypto.' He also predicted that Bitcoin is 'going to $1 million.' His remarks come as Bitcoin reaches record highs, surpassing $100,000.
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Mainstream adoption • 25%
Increased institutional investment • 25%
Regulatory support from US government • 25%
Other • 25%
U.S. policy changes • 25%
Institutional adoption • 25%
Retail investor activity • 25%
Other factors • 25%
Trump's crypto policies • 25%
Spot ETFs approval • 25%
Global economic factors • 25%
Other factors • 25%
Macroeconomic factors • 25%
Technological advancements • 25%
Market speculation • 25%
Regulatory changes • 25%
Technological advancements • 25%
Government regulations • 25%
Institutional investment • 25%
Public adoption • 25%
Favorable Macroeconomic Conditions • 25%
Decreased Supply • 25%
Institutional Investment • 25%
ETF Inflows • 25%
Institutional Investment • 25%
Technological Developments • 25%
Market Speculation • 25%
Regulatory Changes • 25%
Retail investor demand • 25%
Regulatory changes • 25%
Institutional investment • 25%
Technological advancements • 25%
Retail Investment • 25%
Institutional Investment • 25%
Technological Developments • 25%
Regulatory Changes • 25%
Other • 25%
Widespread Adoption • 25%
Diversification Benefits • 25%
Inflation Hedge • 25%