Foresight News reported that strategists believe the speculative frenzy surrounding Bitcoin and cryptocurrency-related stocks that swept through 2024 is unlikely to fade in the new year. Interactive Brokers' chief strategist Steve Sosnick stated, "2024 is a year of speculation, and in recent weeks it has evolved into a self-fulfilling frenzy. While these trades sometimes encounter trouble, the most recent was after the Federal Reserve's December meeting, investors have been willing to buy on dips. When something has been used by many people for a long time, they are reluctant to give it up. And these trades are indeed effective." Following expectations that Trump's election would create a friendly regulatory environment for cryptocurrencies, Bitcoin reached a historic high of over $100,000 in December. Cryptocurrency-related stocks have also been rising, with software company and Bitcoin hoarder MicroStrategy leading the charge, up more than 400% this year.

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