#MarketRebound
As of December 24, 2024, Bitcoin’s price is approximately $93,861, reflecting a 2.5% decrease from the previous close. 
Despite this recent dip, Bitcoin has more than doubled in value over the past year, recently surpassing the $100,000 milestone. 
This growth is partly attributed to President-elect Donald Trump’s pro-crypto stance, including proposals to establish a strategic Bitcoin reserve. 
Additionally, major financial institutions like BlackRock have recommended allocating up to 2% of investment portfolios to Bitcoin, further legitimizing its role in mainstream finance. 
However, the Federal Reserve’s cautious outlook for 2025, indicating a slower pace of interest rate cuts, has introduced some volatility into the market. 
Overall, Bitcoin continues to solidify its position as a significant asset in the global financial landscape.
