'To the moon:' bitcoin more than doubles in 2024, crypto stocks mixed
Cryptocurrency and blockchain-related stocks soared in 2024 as Bitcoin more than doubled, fueled by hopes of regulatory easing under President-elect Trump and institutional adoption. Major milestones included Bitcoin reaching $100,000, spot Bitcoin ETFs being approved, and MicroStrategy entering the Nasdaq 100. Analysts predict Bitcoin could hit $200,000 by late 2025, potentially replacing gold as a primary store of value. The crypto market cap surged to $3.43