In a recent report, crypto exchange-traded fund (ETF) issuer and asset manager Bitwise unveiled bold predictions for Bitcoin and the broader cryptocurrency market by 2025, highlighting the significant performance of major cryptocurrencies throughout this year. A Stellar Year For Bitcoin And Major Cryptos Bitcoin reached an all-time high of $104,000 at the start of the month, marking a staggering increase of 141.72% year-to-date, driven largely by the historic launch of spot Bitcoin ETFs in the United States, which amassed $33.56 billion in assets. Other cryptocurrencies also demonstrated impressive gains: Solana (SOL) rose by 127.71%, XRP skyrocketed by 285.23%, and Ethereum (ETH) increased by 75.77%. Notably, crypto-related equities such as MicroStrategy and Coinbase also saw remarkable increases of 525.39% and 97.57%, respectively. Related Reading: Five Weeks, Five Purchases: MicroStrategy Invests Another $2.1 Billion In Bitcoin Beyond price hikes, Bitwise notes that the regulatory landscape for cryptocurrencies also improved significantly. In the 2024 US elections, crypto-friendly candidates triumphed, enhancing the industry’s prospects. President-elect Donald Trump, who embraced cryptocurrencies in his campaign, pledged to establish a strategic Bitcoin reserve and reform the US Securities and Exchange Commission (SEC), have f ..
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