Analysts discuss the potential impacts of Trump's crypto-friendly policies, including the introduction of a strategic Bitcoin reserve. "With the regulatory reforms of the Trump administration, a supercycle is expected in 2025," comments Khushboo Khullar, venture capital partner at Lightning Ventures.

Bitcoin saw profit-taking at the end of 2024, which pushed its price down from an all-time high of $108,315. But optimism is returning. On Friday, $908 million flowed into US Bitcoin ETFs, the fifth-largest inflow since their launch in January 2024.