Odaily Planet Daily News Binance CEO Richard Teng recently said that driven by regulatory changes under Trump, strategic initiatives in the United States, and momentum in support of cryptocurrencies, he predicts that Bitcoin will hit a record high in 2025.
He emphasized that the Trump administration's policies may bring much-needed regulatory clarity and promote the next stage of growth of cryptocurrencies such as Bitcoin. Teng also pointed out that U.S. lawmakers and regulators have a growing supportive stance on cryptocurrencies, and legislation on token issuance, trading, and asset management may move forward. He commented: "Compared to the past, both the House of Representatives and the Senate are now supportive of cryptocurrencies."