Investors in Bitcoin were given a boost of positive energy during the December 13, 2024 episode of Fox Business’ Morning Show With Maria. Perianne Boring, the founder and CEO of Digital Chamber, was the bearer of this good news as she predicted a potential surge in Bitcoin prices. Boring suggested that under the economic policies put forth by the President-elect Donald Trump, Bitcoin could witness an incredible rise to $800,000 in 2025.
Boring’s insights highlighted how strategic macroeconomic policies could play a significant role in catapulting Bitcoin to record-breaking highs. Given its limited supply, Bitcoin’s inherent scarcity makes it perfectly positioned to thrive under conditions of increased adoption and favorable policy climates. Boring believes that such a climate is something that Trump is likely to foster.
During the conversation with Bartiromo, Boring outlined several policy proposals that could serve as a catalyst for Bitcoin’s growth. She said, “The plans put forth by President-elect Donald Trump would undeniably fortify America’s leadership in the digital asset and blockchain technology space.”
Boring specifically referred to Trump’s well-known Bitcoin address in Nashville where he proposed the idea of accumulating a national Bitcoin reserve. Trump also suggested leveraging tax policy to stimulate economic activity in the sector. Boring stressed the need to tackle regulatory hurdles. She added, “We need leadership at the highest level to bring these markets back to the United States.”
Boring also expressed her optimism about Trump’s potential choices for key positions, such as Paul Atkins for the SEC chair and Brian Quintens for the CFTC leadership. She believes these individuals possess the required technical and industry knowledge needed to restore clarity and confidence in the market.
Boring also made a bold price prediction that caught investors’ attention. She stated, “If Trump is successful in implementing the proposed plans, the sky is the limit for Bitcoin due to its fixed supply.”
This optimistic outlook is consistent with models that plot Bitcoin’s price trend relative to its halving cycles and its unchangeable monetary policy. Bitcoin’s fixed supply cap of 21 million is a stark contrast to the inflationary tendencies of fiat currencies, positioning Bitcoin as a potential store of value in uncertain economic times.
While the $800,000 price target is ambitious, it aligns with the growing consensus among market analysts that supportive policies, decreased regulatory friction, and a resurgence of U.S. innovation could create the perfect storm for Bitcoin adoption.
Adding to this positive sentiment, Eric Trump, a prominent American businessman and son of President-elect Donald Trump, made headlines at the Bitcoin MENA event in Abu Dhabi on December 10. He confidently predicted that Bitcoin would someday reach $1 million per BTC. This prediction aligns with the Trump family’s increasing support for Bitcoin and its potential to revolutionize global finance.
With potential catalysts in sight, it’s clear that 2025 could be a landmark year for Bitcoin’s role in the global financial system.