Could This Derail Bitcoin's Rally This Year?
After hitting $100,000 last year, crypto investors remain bullish that Bitcoin (CRYPTO: BTC) can continue its rally in 2025. In the long run, some of the most bullish advocates for the digital coin believe it can top $1 million or more.
There's no shortage of enthusiasm for crypto as it looks to gain some legitimacy and credibility under the new government. President Donald Trump is even looking at creating a reserve of Bitcoins, which would undoubtedly increase demand for the digital currency, helping to push its price up even higher.
However, how Bitcoin performs can also depend significantly on how the economy performs. And there's a big risk crypto investors should consider this year, which is that there may not be many rate cuts forthcoming.
Source Fool.com
