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For much of the past decade, Bitcoin (CRYPTO: BTC) has been the top-performing asset in the world. Bitcoin was up 125% for the year, which trounced the performance of the Nasdaq (up 30%), gold (up 27%), and the S&P 500 (up 24%). Based on the strength of that performance, Virtuals Protocol ended 2024 as the 33rd-largest cryptocurrency in the world, with a nearly $4 billion market cap.

The Zurich and Singapore-based lender closed the oversubscribed "strategic growth round," which was led by BTC-focused venture capital firm Fulgar Ventures

Cryptocurrency is gaining mainstream acceptance with each passing day. The endorsement it received from President-elect Donald Trump during the 2024 election campaign has further cemented its legitimacy within the financial industry and among the public.

Options linked to BlackRock's spot bitcoin ETF (IBIT) began trading on Nov. 19 and have since grown to half the size of Deribit's BTC options market.

Bitcoin (CRYPTO: BTC) is the world's largest cryptocurrency. Its market capitalization of $1.8 trillion represents more than half the value of all cryptocurrencies in circulation, which currently stands at $3.4 trillion. Bitcoin soared by 120% during 2024, and a significant portion of that gain was generated after Donald Trump's U.S. election win on Nov. 5.

MicroStrategy has now surpassed 450,000 Bitcoin, worth around $40 billion, after purchasing an additional 2,530 BTC for $243 million between Jan. 6-12, 2025.

Bitcoin’s price surge in 2024 has some investors looking ahead to the potential impact of President-elect Donald Trump’s upcoming inauguration on the cryptocurrency market.