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Industry insiders: If Trump does not buy Bitcoin within 100 days of taking office, we may see a pullback

2025-01-20 15:18

Odaily News Jeff Kilburg, founder and CEO of KKM Financial, believes that cryptocurrencies may see a pullback in the future. He said: "As the old saying goes, buy the rumor and sell the fact. If the Trump administration does not buy Bitcoin in the first 100 days of its administration, then we will see a pullback in Bitcoin."
On the other hand, Art Hogan, chief market strategist at B. Riley Wealth Management, said that governments more friendly to cryptocurrencies and wider adoption of Bitcoin will definitely continue to push up the price of this flagship cryptocurrency. (Jinshi)