PANews reported on November 10 that according to CNBC, CoinShares research director James Butterfill has four catalysts that will drive future Bitcoin prices, namely: changes in the leadership of the U.S. Securities and Exchange Commission, further adoption of cryptocurrencies by cryptocurrency-friendly regulatory large companies, and interest rate cuts by the Federal Reserve. James Butterfill further explained that the rise of Bitcoin to $100,000 means that its price still has 33% room for growth, and $100,000 Bitcoin "doesn't sound so unreasonable" because its market value is equivalent to "only 10% of the gold market share", plus Trump's victory and Republican control of the Senate may make it easier to promote "expected relaxed regulatory frameworks", so it should be possible.
CoinShares Research Director: Four major catalysts may push BTC to $100,000
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