Bitcoin (CRYPTO: BTC) scripted history in 2024, not only breaking the long-held record of $69,000 but also hitting the magical $100,000 milestone.
A slew of crucial developments occurred throughout the year, providing strong impetus to the apex cryptocurrency.
With the New Year knocking on our doorsteps, let’s look back at some of the most pivotal bullish triggers for Bitcoin in 2024.
Trump Presidency: The electoral triumph of Donald Trump, who aggressively marketed himself as a cryptocurrency-friendly candidate during the campaign, proved to be the biggest positive driver for Bitcoin.
Since the elections, the leading cryptocurrency has surged 41%, hitting a peak of $108,000.
Trump pledged to establish a national Bitcoin reserve on the campaign trail, and reports suggested he might pass an executive order to establish one.
He …Full story available on Benzinga.com
From Trump’s Win To Debut Of Spot ETFs: These Were The Biggest Bullish Catalysts For Bitcoin In 2024
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