BTC/USD: Bitcoin Picks Up Pace in 2025 with Prices Rising to $96,000

Crypto token was shooting higher for the third day in a row as crypto bros were looking excited to jump back after the Holiday break.

• Bitcoin prices BTCUSD were looking to the upside early Thursday as traders and investors were getting ready to rejigger the crypto market. Now that the holidays are in the rearview, there are no distractions ahead — it’s back to business, baby! The new year kicked off on an upbeat note with Bitcoin rising for the third consecutive day today, pushing above $96,000 per token.
• Momentum is yet to pick up but crypto enthusiasts have a lot to digest before they shove their cash into the high-risk asset class. According to tons of forecasts and analyst projections, this year should be good to crypto with Donald Trump assembling an A-list team to strengthen and expand America’s footprint in the digital-asset space. The President-elect has already named his top picks for the top jobs responsible for the industry’s growth.
• What’s the situation over at the ETF space? The nine Bitcoin exchange-traded funds had a quiet Holiday stretch with almost no volumes going in — a meager $5.3 million of inflows were logged on December 31 and they followed a whopping $700 million of outflows over the previous two days. Still, these nine vehicles collectively hold more than $100 billion in assets under management after their inception in early January last year.