Crypto surged in 2024 with expected continuation in 2025, contingent on regulatory clarity
From Investing.com
December 28, 2024 4:00 am:
Cryptocurrencies doubled in market cap in 2024, with strong gains driven by spot and ETF launches. Citi Research expects the trend to continue in 2025, citing optimism over the crypto-friendly Trump administration. While regulatory clarity is key for wider adoption, the potential for reform remains uncertain under the incoming administration. Trump’s proposed policies aim to reduce uncertainty and promote innovation in the crypto space. The nomination of crypto-friendly Paul Atkins as SEC head signals a shift towards more supportive regulation. The regulatory environment will be crucial for crypto adoption, with transparency potentially bringing other cryptocurrencies into the spotlight. However, macroeconomic factors could disrupt the positive outlook, with policy uncertainty posing a risk to risk assets in 2025.
Read more at Investing.com: Crypto surged in 2024, but regulatory path key for adoption in coming year By Investing.com
