In an interview with Bloomberg, Wood mentioned that Trump’s administration’s deregulation policies could ease previous regulations that hindered private company buyouts, creating new opportunities for startups.

Wood forecasts that M&A activity will increase rapidly under Trump’s presidency, predicting these changes will create opportunities for venture-backed startups and allow the market to engage more transparently in price discovery for new companies.

Bitcoin Price Prediction of $1 Million

Wood also shared a highly optimistic prediction for Bitcoin (BTC). She expects the cryptocurrency to exceed $1 million by 2030, attributing this bullish outlook to BTC’s fixed supply and greater scarcity compared to gold.

Wood highlighted the differences between Bitcoin and gold, stating that when gold prices rise, its production increases, but this does not happen with Bitcoin, which makes BTC even more scarce.

Trump Administration and Crypto Market

Wood believes the Trump administration will be crypto-friendly and will have a significant impact on the future of cryptocurrencies, especially Bitcoin. Federal Reserve Chair Jerome Powell has described Bitcoin as digital gold, which aligns with Wood’s optimistic outlook.

Wood also anticipates that the appointment of Paul Atkins as SEC Chair will further accelerate the growth of the crypto market in the U.S.

Fed Rate Decisions and Market Impact

Federal Reserve member Mary Daly stated that next year’s rate cuts would be lower than expected, and a more cautious approach would be adopted before any further cuts are made.

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