GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
it’s possible for you to read more about oureditorial guidelinesand our products and servicesreview methodology.
20 YearsHelping You Live Richer
Reviewedby Experts
Trusted byMillions of Readers
Its an extraordinary time for Bitcoin.
Thecryptocurrencyhit $100,000 for the first time, but some finance experts have concerns.
Heres what the new milestone for the cryptocurrencycould mean for your wallet and what to be wary of.
According to Stefania Barbaglio, founder and CEO ofCassiopeia Services, it indicates Bitcoins acceptance.
Its exciting for the whole industry.
More people will now pay attention and want to get involved.
Bitcoin is still very volatile, so its not for everyone.
A bigger issue is that governments andtraditional financial institutionsfeel threatened.
Crypto challenges their control, and theyre starting to realize its not going away.
I was in Nashville when he spoke, and it felt historic.
For Bitcoiners, it was a moment of validation.
It has pushed crypto further into the global conversation.
However, not everyone believes Trump has the impact on Bitcoin that some think.
The U.S. could take things further by adding Bitcoin to its financial reserves, she said.
They might start with the Bitcoin theyve already seized before making direct purchases.
If that happens, it would set off a domino effect with other countries doing the same.
Were already seeing nations exploring how to integrate Bitcoin into their strategies its only going to grow from here.
However, Stanzione doesnt see anything major happening for another three years.
This could be a case of a lot of good news has been already factored in.
I dont see any major catalyst on the horizon; the next halving is 2028.
This isnt just about Bitcoin its about the whole ecosystem, she said.
Well likely see a big boost for other cryptocurrencies, especially with another altcoin season around the corner.
[Decentralized finance, or] DeFi is also a space to watch in 2025.
Overall, it means more innovation, more investment, and more adoption.
According to Stanzione, things are moving in a positive way for Bitcoin, but he remains cautious.
The momentum is real, and theres still so much room for growth.
More From GOBankingRates
Share This Article:
