Bloomberg columnists Marcus Ashworth and Mark Gilbert's key takeaway for 2025 is: buckle up, it's going to be a rollercoaster ride. Regarding the future of Bitcoin, they point out that Nobel Prize-winning economist Paul Krugman stated last month on the Bluesky social platform that although Bitcoin has surpassed $100,000, it still lacks a legitimate use case even after 15 years. The recent surge in Bitcoin prices has at least one identifiable catalyst: the hope that the Trump administration will adopt a more lenient stance toward cryptocurrencies. This expectation is likely to be realized under the leadership of incoming SEC Chairman Paul Atkins, who is believed to have a more favorable attitude toward the crypto market than his predecessor, and the regulatory environment is almost certain to become less hostile.

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