According to Alice Li, investment partner and head of the US at Foresight Ventures, recent crypto policy developments in the United States could propel Bitcoin’s price to over $150,000 in the current market cycle. During an interview on Cointelegraph’s Chain Reaction show, Li highlighted that policy changes, particularly related to stablecoins, are significant catalysts for a Bitcoin upswing this cycle. The industry is closely monitoring the upcoming Senate vote on the Guiding and Establishing National Innovation for US Stablecoins, which seeks to implement clear regulations for stablecoin collateralization. The potential passing of this legislation could prompt other countries to follow suit, with Li noting recent advancements in Hong Kong's regulatory landscape, where a similar bill was recently passed. Furthermore, Li believes that a reduction in the Federal Reserve's target interest rates could also bolster Bitcoin's price. Despite a recent slump in venture capital investments in the crypto sector, she maintains a strong belief in Bitcoin’s potential growth.

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