ChainCatcher message, 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 pointed out that Nobel Prize-winning economist Paul Krugman posted last month on the Bluesky social platform that although Bitcoin broke $100,000, it still has no legitimate use case even after 15 years.
The recent surge in Bitcoin prices has at least one identifiable catalyst: hopes that the Trump administration will take a more lenient stance on cryptocurrencies, a hope that is likely to be realized under the leadership of incoming SEC Chairman Paul Atkins, who is believed to have a more favorable attitude towards the crypto market than his predecessor, and the regulatory environment is almost certain to become less hostile.