In the last month of 2024, Bitcoin crossed $100,000 in price.
Crypto price jumps are hard to pin on just one or two factors, but it is safe to say in this case that investors’ excitement played a major role as it became clear that president-elect Donald Trump was returning to the White House in 2025, and that he was taking a less conservative stance with regards to the U.S. crypto economy.
During President Joe Biden’s term, and even during Trump’s first term, activities such as crypto mining and running crypto exchanges/platforms…