James Butterfill, head of research at CoinShares, previously expressed the view that there are four catalysts that will drive future Bitcoin prices up, namely: changes in the leadership of the U.S. Securities and Exchange Commission, cryptocurrency-friendly regulation, further adoption of cryptocurrency by large companies, and interest rate cuts by the Federal Reserve. James Butterfill further explained that Bitcoin's rise to $100,000 means that its price still has 33% room for growth, and that $100,000 Bitcoin "doesn't sound so unreasonable" because its market value is equivalent to "only 10% of the gold market share", and Trump's victory and the Republican Party's control of the Senate may make it easier to promote the "expected relaxed regulatory framework", so it should be possible. (CNBC)