KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 12 February 2025 – Coming into 2025, the cryptocurrency market is on the upswing. Bitcoin has reached another all-time high (ATH), surpassing $109,000 on 20 January 2025, ahead of Donald Trump’s inauguration. The overall market growth is driven by institutional investors‘ crypto adoption, a change in regulatory sentiments, and general interest in digital assets, retail investors included. Considering this, many believe the crypto market is on a bullish run, which refers to the period of high demand for assets and their rising prices. Financial market analyst at Octa Broker, Kar Yong Ang, shares potential crypto market development and driving factors to consider.
Octa is an international CFD broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.
The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.
In the APAC region, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.
This article is for informational purposes only and highlights general insights about the financial markets. It is not intended as financial advice or a solicitation of financial services in jurisdictions where such activities are prohibited, including the United Arab Emirates. Readers should seek independent advice and fully understand the risks involved before making any financial decisions.
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