The post Bitcoin Dominance Expected to Drive $9T Market Cap appeared on BitcoinEthereumNews.com.

The cryptocurrency market is kicking off 2025 on a positive note, with the total market cap up 4.6%, reaching $3.4 trillion on January 2. Bitcoin (BTC) has seen a 3.5% rise in the past 24 hours, trading around $96,600, following a volatile end to 2024. After hitting an all-time high of $108,268 in mid-December, Bitcoin dropped to $92,000. With the new year comes optimism, as analysts predict strong growth driven by macroeconomic trends and potential regulatory changes under the upcoming Trump administration.  With new SEC chair Altcoins ETFs, regulations by enforcement ends the market tends to react positively this year. Let’s see how things will be in 2025 for Bitcoin and Altcoins.  Analyst shares a 2025 Crypto Outlook  Tony Edward from Thinking Crypto offers an optimistic view, forecasting a strong year for Bitcoin and altcoins, with Bitcoin potentially hitting new all-time highs. As Trump officially joins this month the bullish sentiments are already high as congress is expected to pass crypto regulations in his first 100 days of taking charge.  Edward draws comparisons to past years, such as 2013, 2017, and 2021, when the crypto market saw significant growth after Bitcoin’s halving events. We are also getting more adoption news this year by big bulls, hence Bitcoin’s potential to reach between $150,000 and $200,000 if Trump manages to approve his Bitcoin Reserve plan. As more institutional investors continue to show interest in crypto, Bitcoin’s dominance is expected to grow, which could push the overall market cap to $9 trillion or more. One of the driving forces behind this bullish outlook is the possibility of lower interest rates and increased liquidity from the Federal Reserve. This could result in more capital flowing into the crypto market.  Also Read :   Top Altcoins Institutions Are Betting On in 2025   , Altcoins…

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Filed under: News - @ January 3, 2025 5:20 am