The bull market for cryptocurrencies in 2024 seems to be dominated by BTC, with BTC rising 3% and altcoins rising 1%; when BTC drops 1%, altcoins drop 3%. This situation will still be the case in 2025. Whether the U.S. will treat BTC as a strategic reserve next year depends on the policies after Trump’s inauguration on January 20. Once the policy is implemented, BTC will soar like it's on a winning streak. Conversely, regions under political and financial sanctions will buy in crazily at around $90,000. Therefore, the bull market in 2025 will not only continue but will also feature major waves.
Only those altcoins that have undergone 1 or 2 cycles of popularity testing will rise high. I believe they will dance in harmony with BTC, along with AI and technology.

Recently, the price of Bitcoin has once again surpassed $10,000, attracting significant market attention. Accompanied by global economic uncertainty and the strong entry of institutional investors, the crypto market is gradually warming up. A potential bull market seems to be brewing, but we must also remain rational and clarify the key logic behind the trends.

Bridgewater Associates Doubles Down on Crypto Assets, Dancing with Gold and Bitcoin

Ray Dalio, founder of Bridgewater Associates, recently stated that he will increase the allocation of gold and cryptocurrencies. He believes that the global economic system is undergoing profound changes, and the decentralized nature of crypto assets and Bitcoin's status as 'digital gold' make it an excellent tool for hedging risks. The continued support from institutional investors will undoubtedly inject more confidence and liquidity into the crypto market.

As a global tech giant, Microsoft's conservative stance on Bitcoin is understandable. This reflects the cautious approach that mainstream companies take in the face of the high volatility and regulatory uncertainties of cryptocurrencies. However, this traditional financial logic does not entirely apply at the national level. Taking Russia as an example, against the backdrop of increasing dollar hegemony and geopolitical conflicts, BTC, as a non-sovereign currency, is gradually becoming a potential tool for some countries to break free from dollar dependence.

Of particular note is the statement made by Binance founder Zhao Changpeng (CZ) at a conference in Abu Dhabi on December 9. He mentioned that China might include Bitcoin in its asset reserves. This view undoubtedly evokes thoughts about China's increasingly strong position in the global economy, as well as its strong push for digital yuan and blockchain technology. However, at the same time, before the U.S. clarifies its stance on BTC, China's actual actions may still be primarily wait-and-see.

The market impact of Google's quantum computing: Stay rational and win steadily

Recently, Google announced that it had made a breakthrough in quantum computing technology, and this news quickly caused market shocks in the cryptocurrency circle. Many investors are worried that quantum computing may threaten the security of blockchain encryption algorithms, and some even predict that this is "the beginning of the end of the blockchain era." However, in the face of market panic, what we need more is calm thinking and sound investment logic.

Market shock: Is quantum computing a threat to blockchain?

The core of blockchain technology is encryption algorithms, and the current mainstream encryption algorithms (such as elliptic curve algorithms) may indeed be vulnerable to quantum computing. However, this does not mean that the end of blockchain has come. The industry has long been researching cryptographic algorithms that resist quantum computing, such as quantum-resistant encryption technology based on lattice theory, which is becoming the future development direction.