Golden Finance reported that Steve Sosnick, chief strategist at Interactive Brokers, said that the speculative craze that swept Bitcoin and crypto-related stocks in 2024 is unlikely to subside in the new year. “2024 is the year of speculation, which has turned into a self-fulfilling frenzy in recent weeks. While these trades have run into trouble at times, most recently after the Fed’s December meeting, investors have been willing to buy the dip. "When something has been used by a lot of people for a long time, they're not willing to give it up," Sosnick said. Bitcoin hit an all-time high of over $100,000 in December on expectations that Trump's election would create a friendly regulatory environment for cryptocurrencies. Cryptocurrency-related stocks have also been rising, led by software company and Bitcoin hoarder MicroStrategy, which is up more than 400% this year.