Get the scoop on finance - sign up for mobile alerts
Categories: Bitcoin
| On
December 21, 2024

Investor Anthony Pompliano Says 2025 Will Be a ‘Great Year’ for Bitcoin – Here Are His Reasons

By Mark Emem

Pomp Investments founder Anthony Pompliano remains long-term bullish on Bitcoin (BTC) despite the flagship crypto asset falling below the $100,000 psychological price level.

Pompliano says in a FOX 5 interview that “2025 will continue to be a great year for Bitcoin.”

ADVERTISEMENT

According to the investor, two factors are likely to drive the price of Bitcoin to greater heights.

“One, you’re going to continue to get printing of money both in the United States and globally.

And then two is you have a Federal Reserve that is cutting interest rates. And as that M2 money supply grows and interest rates go down, you get cheap capital coming into the market.”

Pompliano also explains why Bitcoin’s rising prices and increasing market cap make BTC “less risky” for deep-pocketed investors.

ADVERTISEMENT

“If you go back and you look at it when Bitcoin was at $1,000, there was plenty of these large capital pools that said, ‘This thing’s new, this thing is too small. I need to put tens of billions of dollars into an investment, I can’t do it with this, it’s too risky.’

Now as Bitcoin has gotten bigger and it’s gotten to a $2 trillion market cap, now all of a sudden everyone’s like, ‘Wait a second, I can put money in it. It’s derisked. This is an opportunity for me.’

And so as the price continues to go higher, more of these large pools of capital will come in. As large pools of capital come in to buy a finite-supply asset, price should continue to go up.”

Bitcoin is trading at $97,363 at time of writing.

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Follow us on X, Facebook and Telegram
Surf The Daily Hodl Mix

&nbsp
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
ADVERTISEMENT

Generated Image: Midjourney