Bitcoin’s price doubled in 2024: Throughout 2024, Bitcoin has doubled its price, mainly due to the approval of several Bitcoin spot exchange-traded funds (ETFs). These ETFs have attracted significant institutional investment from MAJOR financial entities such as BlackRock and Fidelity, driving Bitcoin’s value above $100,000.

Trump’s win boosted Bitcoin 33%: After Donald Trump’s presidential victory, Bitcoin surged by 33%, moving from 75,000 USD to 100,000 USD. This rise was fueled by increased Optimism over potential pro-crypto regulations under Trump’s governance. This growth signaled a strong market response to Trump’s policy direction.