Crypto markets gear up for another breakout year in 2025 – Digital Transformation News
Global ETF approvals, supply cuts, and Trump’s crypto push drove 2024’s surge
At a time when global markets weighed Donald Trump’s potential return as leader of the world’s largest economy, cryptocurrency traders celebrated his promise to transform the US into a crypto hub—a move expected to buoy the cryptocurrency market well into the coming year.
This year’s rally began in January with regulatory approval for spot Bitcoin and Ethereum exchange-traded funds (ETFs), followed by a halving in April that reduced the supply of new bitcoin. Finally, optimism surrounding crypto-friendly policies under the US President-elect drove the world’s largest cryptocurrency past the $100,000 mark in early December.
Since then, a…
