
Despite all the noise of trade tensions, recession warnings, and geopolitical flare-ups, a second Donald Trump presidency has certainly been a boon for the crypto market this year. Trump’s tone has shifted increasingly in favor of crypto, with bold ideas like establishing a U.S. strategic crypto reserve gaining traction.
At the same time, major players like BlackRock (BLK) and Fidelity (FNF) have also stepped in with Bitcoin (BTCUSD) exchange-traded funds (ETFs), making it easier for both institutions and everyday investors to gain exposure. In fact, Bitcoin’s rally has been nothing short of explosive this year, soaring past the $100,000 mark and hitting a stunning $111,946 high in May. At the center of this crypto storm is MicroStrategy, now rebranded as Strategy (MSTR), which has doubled down with laser focus.