Sustaining BTC Push: Here’s What Can Support Bitcoin’s Unprecedented Growth In 2025
6 days, 5 hours ago

Sustaining BTC Push: Here’s What Can Support Bitcoin’s Unprecedented Growth In 2025

ABP News  

December 6, 2024, was the most memorable milestone for Bitcoin when the world’s largest cryptocurrency crossed the $100,000 level for the first time during its existence. Around the world, even countries like Bhutan are having a major governmental participation in this new-age asset, whereas established world powers like Russia are also looking to develop a crypto reserve — an aspect that will further supplement Bitcoin’s upward push. In India, the crypto adoption rate remains one of the highest in the world and with a new RBI governor incoming and securities market regulator SEBI offering a favourable outlook to Bitcoin may lead towards a positive sentiment in India’s upcoming crypto bill, an element that could establish India as one of the critical enablers of Bitcoin’s growth in the future. Crypto Adoption Rate While governmental participation and institutional investors are critical components of sustaining Bitcoin’s long-term growth, retail investors are another crucial cog in the wheel. For now, the population of select geographies, such as the USA, India, Germany, the United Kingdom, South Korea and others boasts of some of the highest crypto adoption rates in the world and with the participation of retail investors from new geographies will bolster Bitcoin’s future and lead to a multibagger return by the next year.

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