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What will be the main driver of Bitcoin's price increase by end of 2025?
2
Resolution / Starting Odds
Regulatory support from US government • 25%
Increased institutional investment • 25%
Mainstream adoption • 25%
Other • 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.
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Retail investor activity • 25%
Other factors • 25%
Institutional adoption • 25%
U.S. policy changes • 25%
Global economic factors • 25%
Trump's crypto policies • 25%
Other factors • 25%
Spot ETFs approval • 25%
Technological advancements • 25%
Regulatory changes • 25%
Macroeconomic factors • 25%
Market speculation • 25%
Regulatory changes • 25%
Institutional investment • 25%
Retail investor demand • 25%
Technological advancements • 25%
ETF Inflows • 25%
Institutional Investment • 25%
Decreased Supply • 25%
Favorable Macroeconomic Conditions • 25%
Public adoption • 25%
Government regulations • 25%
Institutional investment • 25%
Technological advancements • 25%
US regulatory changes • 25%
Technological advancements • 25%
Other • 25%
Global economic instability • 25%
Institutional Investment • 25%
Market Speculation • 25%
Technological Developments • 25%
Regulatory Changes • 25%
Institutional investment • 25%
Regulatory changes • 25%
Market speculation • 25%
Technological advancements • 25%
Regulatory changes • 25%
Macroeconomic factors • 25%
Technological advancements • 25%
Market demand • 25%
Institutional Investment • 25%
US Dollar Weakness • 25%
Other Factors • 25%
Regulatory Changes • 25%
Regulatory Changes • 25%
Institutional Investment • 25%
Technological Developments • 25%
Retail Investment • 25%