The post Bitcoin’s Resilience Suggests Potential for Continued Recovery in 2025 appeared on BitcoinEthereumNews.com.

As 2025 unfolds, Bitcoin (BTC) emerges as a beacon of hope in a recovering crypto landscape, showcasing vital resilience and opportunities. This recovery underscores a remarkable rebound from last year’s lows, with various market signals indicating the potential for continued gains. According to Pierre Rochard, VP of Research at Riot Platforms, “Bitcoin is engineered to be the most reliable monetary system in the world for savings and payments.” Bitcoin’s impressive recovery signals a promising outlook for 2025, reinforced by robust transaction volumes and macro developments driving market confidence. BTC’s latest milestone This new comment came just a day after Rochard announced that the Bitcoin network processed over $19 trillion in transactions throughout 2024. Thus, “Decisively proving that bitcoin is both a store-of-value and a medium-of-exchange.” Worth noting that this represented a significant leap, more than doubling the $8.7 trillion settled in 2023. The surge was particularly striking given the two-year decline in transaction volumes following the 2021 bull market. 2024: A monumental year for Bitcoin Bitcoin’s remarkable performance in 2024 was not an isolated phenomenon—it was bolstered by key macro and institutional developments.  The U.S. approval of Bitcoin exchange-traded funds (ETFs) was a watershed moment, driving institutional inflows and broadening the asset’s appeal to mainstream investors. Adding to the momentum was Bitcoin’s April halving event, which halved its mining rewards, intensifying its scarcity-driven allure.  The political backdrop further fueled excitement. Dubbed the “Trump pump,” the U.S. presidential election and speculation about the country adopting a strategic Bitcoin reserve created a bullish frenzy. The ripple effects were felt globally as other nations began exploring similar strategies, cementing Bitcoin’s role in geopolitical and economic dialogues. The culmination of these factors propelled Bitcoin to a historic peak of $108,000, though it ended near $91,000—a stark reminder of its inherent volatility. Will Bitcoin continue…

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Filed under: News - @ January 6, 2025 5:12 am