Loading...
Market
How will Trump's crypto policies impact Bitcoin price by end of 2025?
2
Resolution / Starting Odds
Significant increase • 25%
Moderate increase • 25%
No significant change • 25%
Decrease • 25%
Analysis from financial experts and reports from major financial news outlets
Story
Bitcoin Hits Record $106,000, Market Cap Nears $2.1 Trillion Amid Pro-Crypto Speculation
Dec 15, 2024, 11:32 PM
Bitcoin surged to new all-time highs over the weekend, surpassing $106,000 for the first time in history. The cryptocurrency's price increased steadily, breaking previous records multiple times on December 15 and 16, 2024. It climbed above $102,000 in weekend trading, rose past $103,000—reaching $103,850 per unit on Bitstamp—crossed $104,000, then $105,000, and ultimately exceeded $106,000. The significant rally saw Bitcoin's value surge over 20% in the last month alone. Bitcoin's market capitalization has now reached approximately $2.1 trillion, bringing it within 10% of surpassing Google's market cap. The rally is fueled by speculation regarding President-elect Donald Trump's support for digital assets and his plans to establish the United States as a leader in the sector. Investors anticipate that his administration may create a favorable regulatory environment for cryptocurrencies and potentially back a national Bitcoin stockpile. The rapid price increase reflects growing investor confidence and increasing mainstream adoption of cryptocurrencies.
View original story
Similar markets
Bitcoin value increases significantly • 25%
Bitcoin value remains stable • 25%
Bitcoin value decreases significantly • 25%
Bitcoin value fluctuates with no clear trend • 25%
Increases by over 10% • 25%
Increases by 5-10% • 25%
Increases by less than 5% • 25%
Decreases • 25%
Significant positive impact • 25%
Moderate positive impact • 25%
No significant impact • 25%
Negative impact • 25%
Significant positive impact • 25%
Moderate positive impact • 25%
No significant impact • 25%
Negative impact • 25%
Increased Bitcoin adoption • 25%
Increased crypto regulations • 25%
Significant market volatility • 25%
Minimal impact • 25%
Price doubles from current level • 25%
Price increases by 50% • 25%
Price remains stable • 25%
Price decreases • 25%
Significant positive changes • 25%
Minor positive changes • 25%
No changes • 25%
Negative changes • 25%
Bitcoin market cap > $2 trillion • 25%
Bitcoin market cap $1-2 trillion • 25%
Bitcoin market cap $500 billion - $1 trillion • 25%
Bitcoin market cap < $500 billion • 25%
Significant surge • 25%
Moderate increase • 25%
Stable • 25%
Decline • 25%
Significant growth in market size • 25%
Increased market volatility • 25%
Stable growth • 25%
Minimal impact • 25%
Above $100,000 • 25%
$50,000 to $100,000 • 25%
$20,000 to $50,000 • 25%
Below $20,000 • 25%
Outperforms Bitcoin • 25%
Performs similarly to Bitcoin • 25%
Underperforms Bitcoin • 25%
Becomes irrelevant • 25%