The success of US Spot Bitcoin ETFs, rising stablecoin use, and global DeFi surge drive the current cryptocurrency bull run.The CSAO region (Singapore, Indonesia, and India) shows robust institutional and DeFi engagement, ranking third globally for crypto value received.Bitcoin reached new highs but recently corrected due to significant selling, with 728,000 BTC sold off.Global crypto market maintains strong bullish prospects into 2025 with regulatory advances and discussions on oversight shifts.