This Catalyst Will Unlock Massive Demand for Bitcoin and Other Digital Assets, Says CryptoQuant CEO
The chief executive of market intelligence platform CryptoQuant is identifying what could unlock massive demand for Bitcoin ( BTC ) and other crypto assets.
In a new thread on the social media platform X, Ki Young Ju says that 2025 looks like a good year for digital assets as the Donald Trump administration is set to take power, creating a friendlier regulatory environment for cryptocurrencies.
“The United States now has the most bullish administration in the 15-year history of Bitcoin. Other countries will follow its lead. Eased regulatory risks will unlock greater demand and opportunities for Bitcoin, stablecoins, and crypto. 2025 looks promising.”
According to Ju, the last time Trump won in 2016, the top crypto asset by market cap responded positively. Ju says Trump will make Bitcoin “strong.”
Source: Ki Young Ju/X
However, Ju goes on to note that the crypto king needs to recover on Coinbase’s premium index to truly skyrocket. The premium index is a metric used by Coinbase to gauge the retail demand for BTC.
“Friend: Who is selling Bitcoin now? Me: Old whales. High OTC volume and exchange deposits, but they won’t crash the market, in my opinion. Buying pressure is mainly from U.S. institutions on Coinbase, but daily premium is at a 2-year low. Needs recovery for the next leg up.”
Source: Ki Young Ju/X
The flagship digital asset is trading for $97,939 at time of writing, a fractional increase during the last 24 hours.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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