Many have been betting against crypto since the lull it hit in 2022. From a low of $16000 back then, the digital currency recently hit an all-time high of $112,000. Crazy right!
After the frosty scepticism around the “crypto winter,” the digital currency isn’t only thawing out but scripting one of the most powerful comebacks of all time.
Between early 2024 and the middle of 2025, the cryptocurrency market has shown remarkable strength and resilience that has caught even seasoned financial analysts off guard. Not only that, the foundation seems more robust this time around. This time, crypto has the backing of a US President, the investors and players are much bigger, not many scamsters are plaguing the platform, and the technology is more mature.
So, how has crypto been able to spark this revival? If you’re curious, here are the five core pillars shaping the great crypto comeback in 2025.
Trump’s pro-crypto reforms
For years, the biggest question mark hanging over crypto was regulation. Governments around the world viewed crypto with suspicion, and many threatened it with outright bans. The period from 2024 to 2025 has seen this narrative completely flip, led by a seismic shift in the United States’ policy after the election of Donald Trump.
The US administration has moved from hostility to active support. This isn’t just talk; it’s backed by significant actions. In March 2025, an executive order was signed to establish a US Strategic Bitcoin Reserve, signalling that the world’s largest economy now views Bitcoin as a legitimate strategic asset. Donald Trump even sees the US as a legitimate contender to become the “Crypto Capital” of the world.
The move was then followed by a change in leadership at the Securities and Exchange Commission (SEC) when Gary Gensler was fired, which subsequently dropped its high-profile lawsuit against the crypto exchange Binance. This pivot away from “regulation-by-enforcement” towards creating clear guidelines sent a powerful message of stability and legitimacy to the global market. While challenges remain, increased regulatory oversight and the professionalisation of the industry are actively working to reduce the prevalence of scamsters and enhance investor protection, fostering a greater sense of security for new participants.
This trend isn’t isolated to the US. We’re seeing a global move towards clarity:
The European Union: The comprehensive MiCAR (Markets in Crypto-Assets) regulation is now in effect, creating a single, clear rulebook for 27 countries.
Asia & The Middle East: Financial hubs like Hong Kong, Singapore, and the UAE are competing to attract crypto businesses by implementing their own robust, pro-innovation licensing frameworks.
This shift is monumental for the adoption of crypto globally. When governments start building clear, predictable frameworks, it de-risks the entire industry, making it safer and more attractive for businesses and long-term investors.