@hypernovadrift
In Q1 2025, several events significantly impacted the cryptocurrency market. Bitcoin hit a historic high of $108,786 on January 20, driven by optimism from Donald Trump’s crypto-friendly policies post-inauguration, including the Strategic Bitcoin Reserve executive order. However, the market faced volatility, with Bitcoin dropping below $90,000 due to macroeconomic uncertainties and a Bybit hack. Institutional adoption grew, with MicroStrategy and BlackRock increasing Bitcoin holdings, and spot Bitcoin ETFs saw $1.9 billion in net inflows. Regulatory shifts included the SEC’s updated crypto disclosure guidance and the repeal of the IRS’s DeFi broker rule. Tokenized assets, like gold and real estate, surged, with PAXG and XAUt reaching $1.54 billion in market cap.
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