Bitcoin Nears $80,000 as Trump-Era Deregulation Hopes Fuel Crypto Stock Surge

Bitcoin is closing in on the $80,000 milestone, sending South Korean cryptocurrency-related stocks broadly higher. Investor sentiment is rapidly recovering as expectations for Trump administration deregulation of digital assets converge with the U.S. Treasury Department's bond buyback policy.

According to the Korea Exchange, as of 10:17 a.m. on the 25th, Bitplanet was trading at 2,380 won (approximately $1.7), up 15.81% (340 won) from the previous session. At the same time, Woori Technology Investment (12.44%), Parathesis Ethereum (5.51%), Bitmax (2.25%), and Galaxia MoneyTree (1.68%) also posted gains.

Bitcoin, the bellwether digital asset, was trading at $79,746 (approximately 110 million won), up 1.19% from the previous day, according to CoinMarketCap. Just a week ago, it hovered around $63,000, but has surged more than 20% in only seven trading sessions. Ethereum, Ripple, and other major cryptocurrencies also climbed in tandem.

The core driver behind this rally is expectations for shifts in U.S. monetary and fiscal policy. The U.S. Treasury Department recently announced it would expand bond purchases in response to surging Treasury yields, fueling expectations that more dollars will flow into the market and pushing the dollar lower. As the dollar weakened, investment demand for alternative assets like Bitcoin revived.