According to online reports, Binance CEO Richard Teng recently stated that driven by regulatory changes under Trump's leadership, U.S. strategic initiatives and momentum in support of cryptocurrencies, it predicts that Bitcoin will hit a record high in 2025. He emphasized that the Trump administration's policies could bring much-needed regulatory clarity and drive the next phase of growth in cryptocurrencies such as Bitcoin. Teng also pointed out that U.S. lawmakers and regulators are increasingly supportive of cryptocurrencies, and legislation on token issuance, trading and asset management may move forward. He commented: "Compared with the past, the House and Senate now support cryptocurrencies."