Bitcoin hit a bullish stride in 2024. Specific events ignited the world’s largest cryptocurrency to momentous growth last year, such as strategic reserves, regulatory reforms, and institutional adoption.

“Bitcoin’s fixed supply cap of 21 million coins and its quadrennial halving events have historically led to long-term price appreciation,” SNXCrypto analysts stated in a report. “The 2024 Bitcoin halving has already reduced the issuance of new Bitcoin, creating a supply shock that could drive prices higher within the next 12 to 18 months.”

Cryptocurrencies have joined the sell-off after holding relatively stable during last week’s global market turmoil

After holding relatively stable during last week’s global market turmoil, cryptocurrencies have joined the sell-off. Bitcoin, the world’s most popular cryptocurrency dipped below $75,000 Monday morning before seeing a slight rebound.

Cryptocurrency prices had held up relatively well during last week’s stock-market carnage. Not any longer. Bitcoin fell back to levels last seen just after Donald Trump’s election win, hitting $74,436,

Hedge funder Bill Ackman called President Trump's tariff plan "economic nuclear war" and urged a Monday pause.