Bitcoin’s 75% surge is backed by five converging trends, signaling a shift into a more mature phase. Political momentum in Washington, SEC approvals, growing adoption, and improved infrastructure are key drivers. Trump administration’s pro-crypto stance and global regulatory shifts are further legitimizing crypto in the eyes of institutions and regulators.

SEC’s approval of spot bitcoin ETFs and over $50 billion inflows have bolstered liquidity and price stability. Regulated options trading and halving events have tightened supply, supporting upward price pressure. Adoption is growing, with retail investors and corporate treasuries holding significant amounts of bitcoin.

Macroeconomic headwinds, including a weakening dollar and US deficit projections, are driving investors towards alternative stores of value like bitcoin and gold. Countries like China and Ukraine are reassessing US Treasury holdings and exploring bitcoin as a reserve asset amid growing confidence in bitcoin as a digital safe haven.

Bitcoin’s infrastructure has significantly improved, enhancing scalability and transaction speeds. Adoption of Layer 2 tools like the Lightning Network and robust custody solutions from big institutions are driving broader user traction. As bitcoin gains institutional adoption, its volatility decreases, and performance continues to rise.

Read more at Yahoo Finance: 5 reasons why crypto is having another moment