With the cryptocurrency market hovering near a record high in January 2025, observers have speculated that the industry could be in the midst of a supercycle. A supercycle is a long period of economic growth and expansion characterized by strong demand for goods and services—in this case, Bitcoin.
News that governments and corporations are planning to stockpile Bitcoin has fueled speculation of a supercycle, which would further drive up the price of the number-one cryptocurrency. Currently, Bitcoin’s price is well over $100,000, after it hit an all-time high above $108,000 in December 2024.
A supercycle could reshape the economy in countries like El Salvador, where Bitcoin is legal tender.
In the U.S., incoming President Donald Trump has teased the idea of establishing a strategic Bitcoin reserve, inspiring states like Ohio,
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Author: Jason Nelson
