Bitcoin ends a record year, but its rise is slowing as market conditions change and political promises are made.
Market Prepares for Changes
As 2024 draws to a close, Bitcoin's rally loses steam. Analysts link this to investors re-evaluating cryptocurrency market prospects amid mixed signals.
Political Support and Its Impact
The election of Donald Trump as US President and his promise to create a favorable environment for digital currencies has sparked interest among investors. Among the initiatives is the creation of a national Bitcoin reserve. However, market participants await specific measures.
Plans of Major Investors
MicroStrategy is considering increasing its Bitcoin holdings. Amid market uncertainty, such news can be seen as support for digital assets.
As 2024 ends, investors remain in anticipation of further market movements and political decisions. The uncertainty could impact Bitcoin price directions in upcoming months.
