Matrixport believes that changes in the US Securities and Exchange Commission (SEC) guidelines will have a significant impact on the crypto market. For digital assets to be more widely accepted, 8% of the world's population needs to start using cryptocurrency in their everyday lives, the experts noted.

In their opinion, the general mood of market participants is positive, and possible political reforms play into the hands of cryptocurrencies.

“A proposal to approve digital gold as a strategic reserve asset would trigger a rally, with the US government being able to purchase up to 5% of the available supply,” the report said.

If this scenario is realized, Bitcoin will gain even greater legitimacy in the financial market, which will increase interest in the asset from institutions and governments, accelerate its popularization and push the price to new historical highs, experts suggest.

If the new White House administration supports the crypto market by creating transparent and liberal conditions for its activities, then it will prosper, analysts noted.

Earlier, investor and founder of Pomp Investments Anthony Pompliano said that Bitcoin has gained the status of the main tool for increasing financial stability among large corporations, including MicroStrategy, MetaPlanet and Semler Scientific.