The crypto market experienced significant gains in 2024, with Bitcoin reaching an all-time high of $108,315. Institutional investors have been adjusting their portfolios, and retail traders are entering the market at a faster rate. Some experts predict that Bitcoin could reach $500,000 this year. However, there has been a $1.8 billion outflow from Bitcoin ETFs, as investors cashed out after the rally. Open interest in Bitcoin futures has also declined. The industry hopes for more legal clarity under the Trump administration, which could lead to increased capital flow between traditional and crypto markets. The integration of artificial intelligence (AI) and crypto has potential benefits, but the demand for hardware poses challenges. The shortage of chips and data center bottlenecks could lead to government regulations and winners and losers within the crypto industry. Energy consumption remains a concern, but efforts are being made to increase the use of renewable energy in crypto mining.



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