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ZDNET's key takeaways
Bitcoin gains can vanish quickly, even after major rallies.
Political hype can move crypto prices, but rarely sustains them.
A small stake limits risk in a market driven by speculation.
From the perspective of my vast Bitcoin holdings, it's as if 2025 never happened. My Bitcoin stunt stash dropped from $99.92 at the end of 2024 to $99.69 now. Certainly that's better than its lowest point, which was $17 back in 2023. To be fair, the value did double over the $50 I put in, but while there was a big rally over the summer, all of those gains have evaporated since then.
Turns out that when the President of the United States is bullish on a fake currency, it takes off. At least for a while. Then, when the US Congress declares "crypto week," cybercurrency speculators get that warm, squishy feeling that makes them think good things are about to happen in their imaginary world of bits as bucks. Valuations increased again, but then fell back down to their 2024 levels.
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In this article, I'm continuing my tradition of discussing how much money I gained on my vast Bitcoin holdings each January.
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