Bitcoin Rises as Crypto Industry Awaits Favorable Regulations in 2025

rose 2% to $96,711.71 Thursday, bringing its new year gain to about 3% when counting trading from the Jan. 1 session.This year is expected to be a banner year for the crypto industry thanks to a more favorable regulatory environment promised by President-elect Donald Trump. Investors are hoping Congress will pass its first ever crypto focused legislation – which could be centered around stablecoins or market structure.

Crypto assets slid into the end of 2024. Although the post-election rally that sent bitcoin to new records above $100,000 had fizzled, the flagship cryptocurrency still ended the year up more than 120%. Long-term holders took some profits while others sold amid renewed uncertainty about the direction of Federal Reserve interest rate cuts in 2025.Crypto's political tailwinds in 2025 could push bitcoin to $200,000.

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Bitcoin Rises 2% as Crypto Industry Looks Forward to 2025Bitcoin experienced a 2% surge, reaching $96,711.71 on Thursday, marking a 3% gain for the new year. The crypto industry anticipates a prosperous 2025 due to a more favorable regulatory landscape under President-elect Donald Trump. Investors are optimistic about potential legislation focused on cryptocurrencies, particularly stablecoins and market structure. The opening of public equity markets for crypto and progress on a national bitcoin reserve are also anticipated.
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