#BTCOutlook As we move into 2025, the cryptocurrency market has experienced significant shifts and developments in 2024. With Bitcoin’s impressive growth and the rise of altcoins, the landscape is evolving rapidly. Let’s look closer at the key trends from 2024 and what to expect in 2025.
Key Trends of 2024: Bitcoin and Altcoins
Bitcoin’s Halving Rally
In 2024, Bitcoin’s halving event once again catalyzed a remarkable rally, with BTC prices surging by an impressive 146%. This event, occurring approximately every four years, halves the rewards miners earn for validating transactions. The resulting decrease in new Bitcoin supply often triggers significant market movements due to heightened scarcity.