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-1.28%

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-1.69%

Cryptocurrency News Articles

The Cryptocurrency Market Enters 2025 on a Bullish Note as Bitcoin Breaks Higher and Altcoins Shine

Jan 03, 2025 at 01:32 pm

The cryptocurrency market has entered 2025 on a bullish note, with key assets and industry-related stocks rebounding from recent lows. Renewed optimism among investors is driving this surge, fueled by expectations of a more favorable regulatory environment and potential legislative advancements.

The Cryptocurrency Market Enters 2025 on a Bullish Note as Bitcoin Breaks Higher and Altcoins Shine

Cryptocurrency markets kicked off 2025 on a bullish note Thursday, with key digital assets and related stocks rebounding from recent lows amid renewed optimism over a more favorable regulatory environment.

Bitcoin rose 3% to $97,234.80, marking a nearly 4% gain since Wednesday. The broader market followed suit, with the CoinDesk 20 index, which tracks the performance of major cryptocurrencies, showing a 3% gain.

Solana (SOL) outperformed most of the market with a nearly 7% gain, highlighting continued investor interest in Ethereum alternatives that offer scalability and lower transaction costs.

Crypto-related equities also saw gains, with Coinbase and MicroStrategy each rising 3.5%.

The strong start to 2025 is driven by growing hopes for regulatory clarity, with market participants anticipating legislative progress in key areas such as stablecoins and market structure.

News source:www.hpbl.co.in

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