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Will Bitcoin Crash in 2025?
By Brett Schafer – Dec 19, 2024 at 9:47AM
KEY POINTS
Bitcoin is up above $100,000 because of institutional buying and bullish sentiment from the incoming Trump administration.
Investors have varying price targets on Bitcoin, with some comparing it to gold.
Predicting a Bitcoin price jump or crash in 2025 is futile, given the uncertainty of the asset's price action.
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STOCKS MENTIONED
BTC
$96,668.25
(-4.6%)
-$4,474.24
Bitcoin (BTC -4.63%) is back in the zeitgeist. For better or worse, the leading cryptocurrency is gaining popularity once again after seeing a massive price increase in 2024. After rising around 140% year to date (YTD), the price of Bitcoin has now broken through $100,000. Companies like MicroStrategy are buying up Bitcoin for their balance sheets, while the incoming Trump Presidential administration is talking about building a Bitcoin strategic reserve.$BTC