• Shares of several U.S. cryptocurrency and blockchain-related companies skyrocket in 2024, as bitcoin
more than doubles in value, but broad losses among some miners weigh on the sector's rally
• Gains in crypto markets were driven by hopes of easing regulatory roadblocks in 2025 under President-elect Donald Trump, along with hopes of institutional adoption
• Top sector highlights for the year include, approval of spot bitcoin exchange-traded funds, BTC hitting $100,000 for the first time and BTC-buyer MicroStrategy's inclusion in the Nasdaq 100 index
• "We expect bitcoin to hit a cycle-high of $200,000 in late 2025 ... expect bitcoin to emerge as the new-age premier 'store of value' asset eventually replacing gold over the next decade," analysts at Bernstein wrote earlier this month
• Crypto rally winners: BTC, the world's biggest cryptocurrency, is up ~124% YTD. Ether , the second-biggest digital asset, jumps ~49%
• Sector's market cap surges to $3.43 trillion, according to CoinGecko
• MSTR, the world's biggest holder of BTC as a corporate treasury asset, soars nearly five-fold this year, while U.S.-listed shares of Hut 8 up ~61%
• Crypto exchange Coinbase Global up ~47% YTD
• The losers: miners Riot Platforms , Marathon Digital and Bit Digital down between 26% and 32% YTD
Bitcoin more than doubles in 2024, hits 0,000 milestone
(Reporting by Manya Saini in Bengaluru)