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