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Disclosed Leak Suggests Impending Trump Game-Changer: Anticipated Bitcoin Value Soaring to $100 Trillion

Trump, self-proclaimed advocate for Bitcoin and cryptocurrencies, is anticipated to release a series of executive orders concerning cryptocurrencies on his initial day back in the Oval Office.

Donald Trump Associated with Bitcoin, Bitcoin's Current Value, Cryptocurrencies, Bitcoin's...
Donald Trump Associated with Bitcoin, Bitcoin's Current Value, Cryptocurrencies, Bitcoin's Potential Value Forecast

Disclosed Leak Suggests Impending Trump Game-Changer: Anticipated Bitcoin Value Soaring to $100 Trillion

Bitcoin and cryptocurrencies are on the rise once again, with Bitcoin potentially surpassing the $100,000 mark following a sudden dip that sparked fears of a cryptocurrency crash. This resurgence seems tied to Donald Trump's forthcoming return to the White House, where he's rumored to drop a cryptocurrency-related bombshell.

Trump, often dubbed the crypto president, is reportedly planning to issue several cryptocurrency-related executive orders on his first day back in office, Jan. 20. The specifics of these orders remain under wraps, but sources suggest they may tackle issues like de-banking and the repeal of a controversial accounting policy requiring banks to categorize digital assets as liabilities.

The controversial accounting policy, SAB 121, has been a matter of contention in the crypto industry. Critics argue that it hampers adoption due to its complexity and perceived onerousness. Trump’s potential repeal of SAB 121 could attract more financial institutions to the crypto sector, boosting overall market confidence and stability.

The crypto community has been actively advocating against SAB 121. Mike Saylor, CEO of MicroStrategy, believes the repeal of SAB 121 is one of the three catalysts that could lead to a $5 million Bitcoin price rally. Michael Fahrer, CEO of bitcoin rewards company Apollo, shares this sentiment, explaining that the other two catalysts—spot ETFs and fair value accounting—have already been achieved.

Entrepreneurs and investors have expressed mixed feelings about the potential executive orders. On the one hand, some like Scott Melker highlight confusion among investors. On the other, analysts like Vijay Boyapati find investors' hesitance immature, given the magnitude of the shift in regulatory attitudes.

As the Federal Reserve braces for a potential crisis, the anticipated regulatory changes could lead to a more favorable environment for cryptocurrencies. This could, in turn, attract more institutional investors, leading to increased adoption and market stability. However, the actual price movements will depend on various factors, including investor sentiment and broader economic conditions.

Trump-related discussions, Trump, Bitcoin, Bitcoin's current value, cryptocurrencies, Bitcoin price forecast, graph

Sources:[1] CoinTelegraph[2] Decrypt[3] The Block[4] Coindesk[5] Forbes

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  1. Given the anticipated executive orders from Donald Trump on cryptocurrencies, experts like Mike Saylor believe that the repeal of SAB 121 could spur a Bitcoin price prediction of up to $5 million, joining other catalysts like spot ETFs and fair value accounting.
  2. Amidst rumors of Donald Trump's crypto-related bombshell and his potential repeal of SAB 121, some investors, like Michael Fahrer, are optimistic about the future of Bitcoin, especially considering the regulatory changes that could create a more favorable environment for cryptocurrencies.
  3. In the context of Trump's planned executive orders and the crypto community's advocacy against SAB 121, Bitcoin and other cryptocurrencies may experience significant price fluctuations as institutional investors become more involved, brought on by improved market stability and investor sentiment.

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