Bitcoin Surges 24% as Trump Administration Boosts Crypto Market
In the first half of 2025, the cryptocurrency market experienced significant shifts. Bitcoin (BTC) saw a 24% increase in price, while Ethereum (ETH) lost nearly 12% of its value. The U.S. approach to cryptocurrencies underwent a notable change with President Donald Trump’s administration, which dropped or resolved several lawsuits against crypto firms and passed the GENIUS Act, the first crypto legislation in the U.S. This legislative shift, coupled with the uncertainty surrounding Trump’s tariffs, pushed Bitcoin to an all-time high of around $112,000 in May. Institutional interest in Bitcoin and crypto surged, with spot Bitcoin exchange-traded fund (ETF) net inflows totaling around $14.4 billion as of July 3.
With BTC currently…
