Trump’s potential presidency could boost M&A activities, driving crypto adoption through decentralized alternatives. Tech giants like Amazon and Google are integrating blockchain more, indicating increased crypto adoption. Bitwise’s Hunter Horsley stresses that the revival of M&A is crucial for the growth of cryptocurrencies, potentially leading to more market consolidation and strengthening of decentralized systems.
After a challenging end to 2024, Bitcoin [BTC] experienced a week of bullish momentum, fueled by Optimism for the New Year, surpassing 100,000 USD. The anticipated M&A surge could amplify market consolidation, concentrating power in the hands of dominant corporations. This trend might challenge smaller companies and increase the appeal of decentralized solutions.
Horsley suggests that 2025 could be a pivotal year for crypto due to favorable economic factors under Trump’s pro-business policies. With big corporations turning to decentralized options, a shift from centralized institutions is apparent. The convergence of tech giants like Google and Amazon with the blockchain sector signals accelerated adoption of decentralized technologies, paving the way for widespread crypto adoption.