Bitcoin had a remarkable 2024. It broke the $100,000 mark for the first time ever and went a little over $108,000. The approval of spot Bitcoin exchange-traded funds (ETFs) by the U.S.
A leak has revealed the incoming Trump administration could create a wider crypto reserve—prioritizing U.S.-created cryptocurrencies such as XRP and
MicroStrategy just added $243 million worth of Bitcoin to its corporate treasury, which is currently worth more than $41 billion.
Banking giant JPMorgan (JPM) has forecastedthe next wave of cryptocurrency exchange-traded funds (ETFs)—focusing on Solana and XRP—could experience substantial growth if the U.S. Securities and Exchange Commission (SEC) gives the green light.
The bitcoin-friendly administration of President-elect Donald Trump and an expanding lobbying effort in statehouses could bring a cryptocurrency policy blitz in 2025.
This means that a conservative view is for Bitcoin to rise almost 900% to reach gold's market cap. But it's reasonable to expect the digital asset's price to increase even more over time. That makes buying Bitcoin while it's at $95,000 a once-in-a-decade opportunity.
Bitcoin ( BTC -0.30%) has led the way, rising 5.6% in the past 24 hours as of 12:30 p.m. ET and nearly crossing $105,000 per token. Ethereum ( ETH -0.29%) is up a more modest 2.6% in that time, and Dogecoin ( DOGE -5.53%) is up 7.3%.
Gary Gensler has described crypto as the Wild West and one observer said markets are likely to see just that under new leadership in D.C.
The fall comes after the cryptocurrency experienced a meteoric rise, fueled in part by the reelection of Donald Trump.
The launch of spot Solana (SOL) and XRP exchange-traded products could eclipse the performance of established exchange-traded funds (ETFs) offering exposure to bitcoin and ether in their first few months of trading,
Some crypto firms worry that the agency's harsh enforcement actions may still impact them months or years into a new administration.