Bitcoin (BTC) Price Predictions for 2025: Will Trump's Return Fuel a New Bull Market?

On Jan. 10, the cryptocurrency’s spot price dipped below $93,000 after a stronger-than-expected U.S. jobs report lifted the U.S. dollar

After dipping below $93,000 on Jan. 10 due to a stronger-than-expected U.S. jobs report, Bitcoin (CRYPTO: BTC) recovered slightly on morning trading as the U.S. dollar also saw a 0.5% increase.

The jobs data showed a gain of 368,000 jobs in December 2024, beating economists' expectations and providing some support for the dollar. However, the report also showed a decrease in the unemployment rate to 4.2%, putting it below pre-pandemic levels.

The jobs data also impacted Bitcoin prices, which fell by about 1.2% during morning trading. At the same time, the U.S. Dollar Index (DXY) saw a 0.5% increase.

The jobs data also comes amid a presidential election year, with Donald Trump expected to return to the White House on Jan. 20 after emerging victorious in the November 2024 presidential election.

During his campaign, Trump pledged to prioritize the U.S. cryptocurrency sector, promising to appoint crypto-friendly regulators and position the U.S. as a global leader in digital asset innovation.

Grayscale Anticipates a Potential Boost From Presidential Inauguration, Institutional InflowsSteno Research projected new all-time highs for Bitcoin in 2025 due to the upcoming presidential inauguration and a "unprecedentedly favorable regulatory environment."

"With the inauguration right around the corner, this macroeconomic setback could be short-lived. We still maintain a structurally bullish outlook for crypto valuations," Grayscale stated in its analysis.

Other market analysts also remained bullish on Bitcoin for 2025, with Steno Research projecting new all-time highs for the cryptocurrency in the setup.

According to Grayscale, institutional adoption could also surge significantly under the new administration. U.S. Bitcoin exchange-traded funds finally crossed the $100 billion mark in net assets for the first time in November 2024, a development that was highlighted by analysts at Bloomberg Intelligence.

The funds could attract another $48 billion of inflows in 2025 alone, an occurrence that could provoke a demand shock and propel the cryptocurrency higher, the analysts added.

In the meantime, Sygnum Bank, a Swiss-based digital asset manager, also expects surging institutional demand and thinks such inflows will keep driving up the value of Bitcoin throughout the year.

Grayscale Recently Updated Its List of Top Tokens to Watch in 2025Grayscale recently updated its list of the top tokens to watch in 2025, considering a possible regulatory shift given the outcome of the US election.

A token to watch is Ripple's (CRYPTO: XRP) XRP, which has been the top-performing crypto asset over the last 90 days. Among many other factors, this is expected to contribute to the strengthening investment case of cryptocurrencies, the firm says.

"Despite short-term fluctuations, analysts largely agree that Bitcoin is poised for a strong 2025, capitalizing on macroeconomic trends and regulatory developments to sustain its resilience," the Grayscale report concluded.