Bitcoin has reached a new all-time high earlier today and has slightly retraced, according to CoinGecko data. The price is now sitting just below $74,000 after peaking at $75,358.70. Many factors could contribute to a strong start to 2025, such as spot ETF approvals, the fourth halving, and Trump’s victory.
However, not all analysts are convinced that Trump will deliver on the promises he made to secure support from the crypto industry. In addition, Polymarket predicted Trump’s victory before the election took place, and according to CEO Shayne Coplan, the Trump campaign headquarters found out they were winning from Polymarket.
