PANews December 26 news, according to Jinshi reports, in 2024, the cryptocurrency industry has made significant breakthroughs, transforming from a fringe asset to a mainstream investment tool, with a notable increase in market acceptance. Bitcoin's price soared to over $100,000, with an annual increase of 126%, and the cryptocurrency market cap grew by $1.7 trillion. Financial giants like BlackRock launched spot Bitcoin ETFs, attracting ordinary investors, and crypto assets are seen as a substitute for gold. Meanwhile, the Trump administration's pro-cryptocurrency stance and congressional support have brought favorable legislation and regulation to the industry. Despite uncertainties in the future, there is widespread optimism both within and outside the industry regarding the continued rise of Bitcoin in 2025, with Bitwise predicting that Bitcoin will break through $200,000 by the end of 2025.
