Bitcoin surged over 120% in 2024, hitting $100,000, driven by the US Securities and Exchange Commission's approval of exchange-traded funds and optimism over easing regulations under a potential Trump administration. The sector's market value reached $3.5 trillion. Analysts predict Bitcoin could hit $200,000 by late 2025. The victory of Trump, who has promised to make the United States the "crypto capital of the planet," further strengthened the industry's position later this year.