PANews reported on December 26 that according to Jinshi, in 2024, the cryptocurrency industry has made a major breakthrough, transforming from a marginal asset to a mainstream investment tool, and market acceptance has increased significantly. The price of Bitcoin has soared to more than $100,000, with a year-to-date increase of 126%, and the market value of cryptocurrencies has increased by $1.7 trillion. Financial giants such as BlackRock have launched spot Bitcoin ETFs to attract ordinary investors to participate, and crypto assets are seen as a substitute for gold. At the same time, the Trump administration's pro-cryptocurrency stance and congressional support have brought legislative and regulatory benefits to the industry. Although there are still uncertainties in the future, the industry and the outside world are generally optimistic that Bitcoin's rise will continue in 2025. Bitwise expects Bitcoin to exceed $200,000 by the end of 2025.
Related reading: Bitwise's Top 10 Cryptocurrency Predictions for 2025
