Viewpoint: Bitcoin will face three major influencing factors in 2025: the Trump administration's cryptocurrency policy, the Federal Reserve's monetary policy, and the US government debt

BlockBeats news, on December 24th, according to Barron's Weekly, as Bitcoin rebounds to $94000 on Christmas Eve, Japanese cryptocurrency exchange Bitbank analyst Yuya Hasegawa elaborated on the three key influencing factors of the cryptocurrency market in 2025. Firstly, the direction of the Trump administration's cryptocurrency policy will dominate market sentiment. The strategic Bitcoin reserve plan proposed by it and the appointment progress of pro cryptocurrency nominees are expected to directly affect the price trends of mainstream cryptocurrencies including Bitcoin, XRP, and Dogecoin. Secondly, the Federal Reserve's monetary policy will continue to affect the cryptocurrency market. Hasegawa pointed out that loose monetary policy has always been positive for the price of Bitcoin, while the opposite would have a negative impact. Although the Federal Reserve has already cut interest rates by 100 basis points this year, Trump's plan to impose tariffs of 10% -20% on all imported goods, with tariffs on Chinese goods reaching as high as 60%, may exacerbate inflationary pressures and force the Fed to maintain higher interest rates. Thirdly, the issue of US government debt may become a new focus in the market. Hasegawa emphasized that a high interest rate environment will increase the government's debt burden. If debt sustainability issues raise market concerns and the US strategic Bitcoin reserve plan is successfully implemented, Bitcoin as a safe haven for digital gold will receive more attention, which may further boost its valuation.