Editor's PiCK
Devere Group CEO: "Bitcoin will rise even without Trump's support... Reaching $150,000 this year"
Minseung Kang
Summary
- Nigel Green, CEO of Devere Group, predicted that Bitcoin would rise even without President Trump's support.
- He suggested that the U.S. Federal Reserve's interest rate cuts and a weaker dollar could lead investors to Bitcoin.
- CEO Green stated that he maintains his prediction that Bitcoin will reach $150,000 by the end of this year.
Bitcoin (BTC) is expected to continue its upward trend even without clear support from President Trump.
According to Benzinga, a U.S. investment media outlet, Nigel Green, CEO of the world's largest financial advisory firm Devere Group, predicted that "Bitcoin could reach a six-figure price this year even without clear support from U.S. President Donald Trump."
He said, "The recent rise in gold prices is influenced by macroeconomic uncertainties such as Trump's tariff policies," adding, "If the U.S. Federal Reserve cuts interest rates and the dollar weakens, investors are likely to turn to Bitcoin."
CEO Green maintained his previous forecast that Bitcoin would reach $150,000 by the end of this year.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
