Crypto Diramal Continues To Rise Until 2025

The crypto market is expected to peak in 2025. (Photo; Doc. Builtin)

JAKARTA - The optimism of the crypto community towards the future of crypto assets is getting stronger, especially with the presence of the pro-crypto administration of Donald Trump. BitGo CEO Mike Belshe in an interview with CNBC, expressed his belief that the positive momentum that drives crypto assets by 2024 will continue until 2025.

Belshe stressed that although the crypto industry has welcomed this regulatory change, its full impact may not be fully reflected in the market. "I think the regulatory aspect has been taken into account, but in general, we see that news events like this are not always appreciated until they actually happen," he said.

He added, "We have a new government to come, the situation looks very promising, people are very excited, they are very optimistic. But that hasn't happened yet. So, I think we will continue to see the effect throughout 2025."

Over the past two and a half years, the crypto industry has faced a regulatory environment that not only does not support, but is actively trying to hinder developments. With this change of direction, Belshe believes that the market will see significant benefits next year.

When asked if more companies would add Bitcoin (BTC) to their company's cash, Belshe firmly replied, "That's bound to happen."

According to him, large companies have significant cash reserves whose value has been eroded by an increase in monetary supply, making the allocation to BTC a viable strategy.

"We're talking to several clients right now about it. It's been a conversation over the last few years, but frankly, regulatory changes make it much easier. ETF's presence has also made it easier," explained Belshe.

Some of the largest companies have hundreds of billions of dollars in cash. By bringing Bitcoin into their portfolio, the company's cash management can be more diversified.

"Remember, this is a hedge against whether the US can curb inflation. While we are optimistic about what will happen with the new government in the next few years, America has no track record of curbing spending. So, if the monetary supply continues to increase, Bitcoin is the perfect hedge against that," he added.

This trend is reflected in the steps of several large companies that have added Bitcoin to their balance sheet. MicroStrategy, for example, has consistently increased their Bitcoin ownership, making them one of the largest institutional holders.

In addition, companies such as Riot and Semler Scientific have also begun to increase their Bitcoin holdings, demonstrating the growing interest of the corporate sector in this digital asset.