According to BlockBeats, Bloomberg columnists Marcus Ashworth and Mark Gilbert have highlighted key insights for 2025, suggesting a turbulent journey ahead. In discussions about Bitcoin's future, they referenced Nobel laureate economist Paul Krugman, who recently posted on the Bluesky social platform. Krugman noted that despite Bitcoin surpassing $100,000, it still lacks legitimate use cases even after 15 years.
The recent surge in Bitcoin's price can be attributed to at least one identifiable factor: the anticipation of a more lenient approach towards cryptocurrencies by the Trump administration. This expectation is likely to materialize under the leadership of the incoming Securities and Exchange Commission Chairman, Paul Atkins. Atkins is perceived to have a more favorable stance towards the crypto market compared to his predecessor, suggesting that the regulatory environment will almost certainly become less adversarial.