In 2025, the cryptocurrency market is witnessing remarkable trends as investors and experts alike look forward to the next development of Bitcoin and altcoins. One of the highlights is that a major trader spent more than $6 million on Bitcoin call options, betting that the price will reach a new high after the inauguration of President-elect Donald Trump on January 20.
Recently, the excitement among traders is clearly reflected in the most popular option on the Deribit exchange with a call option striking price of up to $120,000. Industry experts predict that positive policy changes under the new Trump administration could be the leverage to drive Bitcoin prices significantly higher. However, they also warn that any delays in policy implementation could lead to market volatility.
After Trump won the election, the value of Bitcoin increased significantly, although there was a slowdown at the end of December due to profit-taking and concerns about interest rate hikes by the Federal Reserve.
In addition, Jeju Island in South Korea is expected to introduce NFT travel cards in the second half of 2025 to attract young tourists, especially Millennials and Gen Z. These digital cards will include various perks such as travel cost support and discounts at tourist spots. With its reputation for hiking trails and famous tourist locations, Jeju has previously implemented cryptocurrency initiatives, including the COVID-19 blockchain application. This move aims to enhance the island's appeal and encourage the return of young tourists.
Meanwhile, South Korea also saw a significant increase in cryptocurrency users by the end of 2024, reflecting a renewed interest in the market. These shifts indicate strong growth potential for the cryptocurrency industry in the near future.
