Under Donald Trump, cryptocurrency is set to go mainstream – but it still won’t be any safer for investors

His easing of regulations could leave many unprotected from financial manipulation, misconduct and bursting bubbles, writes Larisa Yarovaya

President-elect Donald Trump speaks during a meeting with Republican governors at Mar-a-Lago, Thursday, Jan. 9, 2025, in Palm Beach, Fla. (AP Photo/Evan Vucci)

As the United States prepares for Donald Trump’s inauguration on January 20, all eyes are on the cryptocurrency markets. 

After Bitcoin’s price reached $100,000 (€97,503) for the first time in history in December 2024, the cryptocurrency community is eagerly anticipating Trump’s fulfilment of his campaign promise to make the US the “crypto capital of the planet”. Some analysts predict that Bitcoin’s price could range between $78,000 and $250,000 in 2025.