#USConsumerConfidence
As of January 25, 2025, Bitcoin (BTC) is trading at approximately $102,378.
Recent data indicates that U.S. consumer confidence in cryptocurrencies has been influenced by various factors:
Political Developments: The 2024 U.S. presidential election had a notable impact on Bitcoin's valuation. Following Donald Trump's victory, Bitcoin reached record highs, reflecting increased investor optimism.
Public Perception: A survey conducted in October 2024 revealed that approximately 63% of U.S. adults have little to no confidence in the reliability and safety of current cryptocurrency investment methods.