From Nasdaq
May 03, 2025 04:42:00 AM:

In April, market volatility due to Trump’s tariffs affected all assets, including Bitcoin. Despite dropping to $75,000, Bitcoin rebounded to $94,780, up 38% since Trump’s election. Michael Saylor of MicroStrategy predicts Bitcoin can reach $13 million per token, citing 29% annual returns over 20 years and recent success with Bitcoin purchases.

Federal banking regulators have eased restrictions on banks interacting with crypto, signaling mainstream acceptance. Saylor’s bold $13 million Bitcoin prediction raises skepticism, but Bitcoin’s finite supply and potential as a hedge against inflation make it a wise investment. Trump’s policies may impact the dollar’s value, further supporting Bitcoin’s potential growth.

While Saylor remains bullish on Bitcoin, investors should exercise caution over price predictions. The Motley Fool Stock Advisor team suggests 10 alternative stocks for investment, with historical returns far surpassing the S&P 500. Past recommendations like Netflix and Nvidia have yielded significant returns, highlighting the potential for long-term growth.

Read more at Nasdaq Inc.: 1 Top Cryptocurrency to Buy Before It Soars 13,616%, According to MicroStrategy Co-Founder Michael Saylor