Viewpoint: The speculative frenzy surrounding Bitcoin and crypto-related stocks is unlikely to subside in 2025
ChainCatcher news, according to Jinshi reports, strategists believe that the speculative frenzy sweeping Bitcoin and crypto-related stocks in 2024 is unlikely to fade in the new year. Steve Sosnick, Chief Strategist at Interactive Brokers, stated, "2024 is a year of speculation, and in recent weeks it has evolved into a self-fulfilling frenzy. Although these trades sometimes encounter trouble, the latest being after the Federal Reserve's December meeting, investors have remained willing to buy on dips.Sosnick said, "When something has been used by many people for a long time, they are reluctant to give it up." And these trades have indeed been effective. Following expectations that Trump's election would create a friendly regulatory environment for cryptocurrencies, Bitcoin reached an all-time high of over $100,000 in December. Crypto-related stocks have also been on the rise, with software company and Bitcoin hoarder MicroStrategy leading the way, up more than 400% this year.