Janice R. Andrews
President-elect Donald Trump has appointed David Sacks as the administration’s “AI and Crypto Czar,” a major boost for the cryptocurrency world following Bitcoin’s (BTC-USD) milestone rise to $100,000.
Metafide CEO Frank Speiser called the move “a shift toward embracing crypto innovation.” He highlighted that this step validates Bitcoin as a viable asset class, a breakthrough the industry has long anticipated.
Speiser also projected Bitcoin could reach $300,000 by the close of 2025, reflecting strong market optimism. The appointment signals growing support for blockchain technology and regulatory clarity, key factors driving investor confidence.
Trump’s decision positions his administration as a potential catalyst for widespread cryptocurrency adoption, offering a promising outlook for the future of digital assets.
