Insiders: Currently, everything in the cryptocurrency industry is moving in a favorable direction.

Odaily星球日报讯 Cryptocurrency was once a fringe subject in the eyes of public investors, a concern for Washington policymakers, and a target of ridicule for Wall Street elites. However, in 2024, this situation has changed, with investors holding Bitcoin seeing a 126% increase in returns since the beginning of the year, and Bitcoin soaring to over $100,000 following Trump's election. Data from Coinmarketcap shows that the market value of all cryptocurrencies has swelled by nearly $1.7 trillion. Ian Katz, managing partner at Capital Alpha, stated, "Currently, everything in the cryptocurrency industry is moving in a favorable direction." Cryptocurrency enthusiasts believe the upward trend will not end soon, with Bitwise Chief Investment Officer Matt Hougan suggesting that by this time next year, "we will be having the same conversation about Bitcoin experiencing an incredible surge." Bitwise expects Bitcoin to break through $200,000 by the end of 2025. (Gold Ten)