Bitcoin Predicted to Surge Despite Lack of Presidential Support
- Nigel Green, CEO of deVere Group, predicts Bitcoin will reach a six-figure target in 2025.
- Green suggests Bitcoin may outperform gold if the Federal Reserve cuts interest rates.
- Gold has increased by 14% due to macroeconomic uncertainty, while Bitcoin has decreased by 24%.
- CME’s FedWatch Tool shows 69% expect the Fed to cut rates in June.
- Bitcoin is trading at $83,539, down 1.4% in the last 24 hours.
Nigel Green forecasts that Bitcoin could see significant gains if the Federal Reserve reduces interest rates, potentially outperforming gold despite its recent decline and lack of support from President Trump.
Source (2.6)https://dailyhodl.com/2025/03/21/bitcoin-to-surge-with-or-without-president-trumps-backing-says-devere-group-ceo-heres-his-six-figure-target/?rand=59076
