With spot ETFs and Donald Trump’s victory in the US elections, the cryptocurrency market has experienced a significant revival in recent days. After a slow year in 2023, a bull market was expected to occur in 2024, and this expectation came true to some extent. Bitcoin 
$91,170 It showed positive performance for eight months out of these 11 months, including particularly in November.
Cryptocurrency Market Regulations
Since the beginning of the year, investors have focused on the US election results and how this will affect the cryptocurrency market. While Donald Trump stands out with his crypto-friendly approach, his rival Kamala Harris also stated that she will support the development of the sector.
Trump declared himself Bitcoin president, promised to launch crypto initiatives, and suggested that SEC Chairman Gary Gensler step down. After the election result was announced, the crypto market went into a bull market. We will see a US President who has the power to implement regulations since he has a majority in both the Senate and the House of Representatives.
Increasing Crypto Adoption
While the governments of El Salvador and Bhutan have attracted attention with their attitudes towards Bitcoin, the fact that Bhutan holds Bitcoin at a third of its total gross domestic product shows how wide BTC adoption has expanded. El Salvador, on the other hand, has been purchasing BTC since 2021 and currently owns thousands of BTC.
Introducing Better Cryptocurrencies
Thousands of new cryptocurrencies enter the market every year, offering unique functionalities and earning potential. While 2024 will be a year in which meme-themed cryptocurrencies come to the fore, market capitalization is expected to exceed $4 trillion in 2025.
More Spot ETFs in Crypto
There are many applications waiting for approval for assets such as XRP and SOL before the SEC. If Trump appoints a crypto-friendly SEC Chairman as he wishes, the number of ETF alternatives will increase with their approval. New applications are also being made.
“Several spot crypto ETF applications will be filed this week.” – Nate Geraci
Bitcoin and Ethereum 
$3,137 While spot ETFs are gaining great popularity among investors, ETF approvals are also awaited for other cryptocurrencies such as Solana and XRP. It is anticipated that Solana will lead this process.
Bull Run in the Cryptocurrency Market
The year 2025 may witness a bull run in which all cryptocurrencies are expected to reach their peak after the Bitcoin halving event. Analysts predict a major movement in the market in early or mid-2025.
The cryptocurrency market is expected to become stronger in 2025. Better regulations, increased adoption and rising industry demand are among the factors that will support the growth of the market. However, it should be noted that market fluctuations and macroeconomic factors may affect this process.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
