Bitcoin Surpasses $100K in 2024 Amid Macroeconomic Constraints
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 27 2025- Price Breakthrough: Bitcoin surged from around $42,000 to over $100,000 in 2024, primarily driven by stablecoin inflows and exchange outflows, although macroeconomic factors capped potential gains.
- Valuation Metric Changes: During this period, the Bitcoin market value to realized value (MVRV) ratio increased from 1.8 to approximately 2.2, remaining below overheating levels, highlighting the complex relationship between market health and economic conditions.
- Macroeconomic Impact: In 2025, despite strong onchain metrics, rising real yields and Federal Reserve balance sheet reductions led to increased price volatility, limiting further gains.
- Future Market Outlook: The analysis suggests that Bitcoin's future rallies will depend more on easing macroeconomic conditions rather than just onchain activity, indicating that investors should monitor macroeconomic indicators to navigate market dynamics.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
