Bitcoin was outpaced by several altcoins and meme coins this year, even as the cryptocurrency dominated the market.

Bitcoin prices have more than doubled this year, fueled by the launch of the first U.S. cryptocurrency exchange-traded funds, plus Donald Trump's election. Asset managers hope to seize on the momentum by putting smaller and riskier tokens into ETFs—but some investors are skeptical.

Cryptocurrencies had quite a year in 2024. Bitcoin (CRYPTO: BTC), the world's largest cryptocurrency, topped $108,000 and altcoins have surged as well. Most of the gains came in the final two months of the year after Donald Trump won the presidential election.

Key Takeaways Bitcoin has soared this year, boosted by the approval of spot bitcoin ETFs and the bitcoin halving event, as well as optimism surrounding the election of Donald Trump as U.S. president.In 2025,