cryptojournalist
Corporate execs are offloading stocks at an unprecedented rate—six sellers for every buyer, according to The Kobeissi Letter. But while they’re cashing out, Bitcoin is on fire, smashing through $100,000 and up 137% this year.
Bitcoin: The MVP of 2024
Gold? Up 29%. The S&P 500? A solid 28%. Bitcoin? A jaw-dropping 137%. Analysts think it could climb to $160,000 in 2025, though a dip to $70,000 might come first.
Why Is Bitcoin Booming?
Cheaper Money: Interest rate cuts in Europe and China are driving demand.
Big Investments: U.S. spot Bitcoin ETFs pulled in $4.8 billion in just 11 days.
Bull Market Buzz: Bitcoin could hit $110,000 in January before taking a breather.
What’s Next for Bitcoin?
The Federal Reserve’s December 18 rate decision could be a game-changer. If things stay on track, Bitcoin might keep breaking records—but don’t rule out a short-term dip.
