“Bitcoin more than doubled in 2024 thanks to the US markets regulator’s approval of exchange-traded funds tied to its spot price and optimism that regulatory hurdles will ease following Donald Trump’s return to the White House.”, — write: epravda.com.ua
Bitcoin more than doubled in 2024 thanks to the US markets regulator’s approval of exchange-traded funds tied to its spot price and optimism that regulatory hurdles will ease following Donald Trump’s return to the White House. Reuters writes about it. The world’s largest and best-known cryptocurrency hit the $100,000 mark earlier this month, sparking optimism among supporters of the nascent asset class. According to CoinGecko, Bitcoin’s 120% rise this year and the nearly 50% jump in Ethereum, the second-largest cryptocurrency, have pushed the sector’s market value to roughly $3.5 trillion.Advertisement: Analysts expect more more growth. It is noted that as of December 1, Bitcoin is trading at $93,562.