The cryptocurrency market is currently worth $3.5 trillion, led by Bitcoin, which has increased in price by more than 120% this year. Ether, the second largest cryptocurrency, also increased by nearly 50%. According to analysts, Bitcoin could reach $200,000 by the end of 2025.
Trump’s pro-crypto stance has given cryptocurrency “momentum” this year, and he has vowed to make the US a global “crypto hub.”
Source: Ferra
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