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Bitcoin reached a historic $80,000, boosted by President-elect Donald Trump’s win and strong demand from U.S.
ETFs like BlackRock’s iShares Bitcoin Trust. Trump’s pro-crypto stance, including promises to support Bitcoin in U.S. reserves, has fueled optimism.
BTC is now outperforming stocks and gold in 2024, with a surge of 80% driven by Federal Reserve rate cuts and inflows from retail and institutional investors.
Analysts expect the momentum to continue, with some predicting Bitcoin may hit $100,000 in early 2025.
ETFs like BlackRock’s iShares Bitcoin Trust. Trump’s pro-crypto stance, including promises to support Bitcoin in U.S. reserves, has fueled optimism.
BTC is now outperforming stocks and gold in 2024, with a surge of 80% driven by Federal Reserve rate cuts and inflows from retail and institutional investors.
Analysts expect the momentum to continue, with some predicting Bitcoin may hit $100,000 in early 2025.
