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To the delight of many investors, Bitcoin (CRYPTO: BTC) finally breached the $100,000 mark in 2024. Could Bitcoin soar to even greater heights in 2025, or is this surge above $100,000 a short-lived phenomenon, setting the stage for a potential correction? Bitcoin's recent rally has been nothing short of remarkable.

Your day-ahead look for Dec. 17, 2024

WASHINGTON (Reuters) -Bitcoin hit a record high above $107,000 on Monday after President-elect Donald Trump reiterated plans to create a U.S. bitcoin strategic reserve, stoking the enthusiasm of crypto bulls. WHAT IS A STRATEGIC RESERVE? A strategic reserve is a stock of a critical resource which can be released at times of crisis or supply disruptions.

Here is a 2-minute breakdown of everything important that happened in crypto today.

Bitcoin and other cryptocurrencies have been catapulted into the spotlight as investors bet Trump will bring a friendlier regulatory environment.

The Revolut Pay enhanced due diligence API will be rolled out to crypto customers from start of 2025.

MicroStrategy has acquired 15,350 Bitcoin between Dec. 9 and Dec. 15 for approximately $1.5 billion, at an average price of $100,386 per BTC.