Bitcoin Maintains Strength Despite Economic Pressures

Bitcoin remains resilient in the high $90,000 range, reaching a weekly peak of $98,000 before settling around $95,000. Despite tariffs, inflation, and economic uncertainty, Bitcoin’s stability continues to demonstrate its growing institutional confidence and market maturity.

Pro-Crypto Advocate Brian Quintenz Named CFTC Chair

Brian Quintenz, a longtime crypto supporter, has been nominated as Chairman of the Commodity Futures Trading Commission (CFTC). Quintenz has been a strong advocate for regulatory clarity and blockchain innovation, positioning the U.S. as a leader in digital assets.

“The CFTC plays a critical role in maintaining robust hedging and price discovery markets… and ensuring the USA leads the world in blockchain technology and innovation,” said Quintenz.

His appointment is seen as a major win for pro-crypto leadership in Washington.

Federal Reserve Shifts Toward Crypto-Friendly Policies

The Federal Reserve is showing a more open stance on digital assets, with key officials rejecting a central bank digital currency (CBDC) and prioritizing private-sector crypto solutions.

• Fed Chair Jerome Powell confirmed the Fed will not pursue a CBDC, instead expanding FedNow, a 24-hour payment system.
• Fed Governor Michelle Bowman criticized regulatory hostility toward crypto, arguing that excessive oversight stifles innovation in the banking sector.

This shift signals a slow but steady evolution in U.S. crypto policy.

ARK Invest CEO Predicts $1.5M Bitcoin by 2030

ARK Invest CEO Cathie Wood maintains an ambitious Bitcoin price target of $1.5 million by 2030, driven by:

• Institutional adoption accelerating.
• Bitcoin’s unique risk-return profile attracting major investors.
• Scarcity, with only 2.5 million Bitcoin left on exchanges.

As institutional capital continues to flow in, Bitcoin’s long-term trajectory toward this milestone appears increasingly realistic.

Bitcoin’s Future Looks Bright Amid Policy and Institutional Support

With pro-crypto leadership rising, the Federal Reserve signaling openness, and institutional investors betting big, Bitcoin’s path to long-term growth remains strong. As regulatory clarity improves, Bitcoin’s potential as a mainstream financial asset becomes even more evident.