Bitcoin reserve, stablecoin regulation are main drivers

Improving regulatory clarity in the United States may push Bitcoin past $150,000 during the current market cycle, according to Alice Li, investment partner and head of US at crypto venture capital firm Foresight Ventures.

Speaking during Cointelegraph’s Chain Reaction X Spaces show on June 3, Li said the crypto market’s 2025 rally has been largely driven by shifting US policy.

“One of the strongest drivers is definitely the policy change,” she said, referencing US President Donald Trump’s Bitcoin reserve approval and stablecoin policy…