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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.
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.
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