Will the violent bull market start in 2025?

In the last month of 2024, the news in the currency circle is exploding one after another! Bitcoin-related topics are emerging one after another, making it overwhelming. It is possible that there will be a lot of positive news before Christmas. Take the price of Bitcoin for example, after Trump announced his final victory in the U.S. presidential election, on December 5th, it officially broke through the $100,000 mark, with a market value surpassing $2 trillion at one point, overtaking Saudi Aramco and becoming the seventh largest asset globally. At the same time, there are reports that 'China may hold 190,000 bitcoins, second only to the 210,000 held by the United States.' Whether this is true or not! This event has attracted high attention domestically and internationally. The question of whether China will enter the Bitcoin reserve is like a mist, not only shrouding the entire cryptocurrency market but also touching the hearts of 1.4 billion people in the country.
Compared to the radical approach of El Salvador and the cautious approach of the United States, Russian President Putin's attitude is more strategic. He has repeatedly stated that despite the volatility of Bitcoin, it has potential in international trade. In 2023, he signed a new law legalizing Bitcoin mining in Russia. Just a few months later, Deputy Chairman of the State Duma, Anton Tkačov, even proposed directly to include Bitcoin in the national strategic reserves. This series of actions shows that Russia has changed from an observer to an active participant.#BTC Hits a New ATH: What’s Next? #Which DeFi Tokens Are You Bullish on?