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news-imageJanuary 17, 2025

Bitcoin Reclaims $102K Amid Speculation About Strategic Reserve

The price of Bitcoin spiked to an intraday high of $102,088 earlier this Thursday, surging to the highest level since Jan. 7.
Publisher: UToday
Sentiment: Positive
BTC

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cover-imageNewsBTC
January 17, 2025

Bitcoin Breaks Out Of Cup-And-Handle Pattern, Eyes $276,000 Target

The market's leading cryptocurrency, Bitcoin (BTC), has rejoined the crypto rally, gaining momentum on Friday amid reports that President-elect Donald Trump may issue an executive order prioritizing cryptocurrencies as soon as he takes office. As of the latest data from CoinGecko, Bitcoin surged nearly 5% in the 24-hour time frame, reaching $104,000.

Positive
cover-imageBenzinga
January 17, 2025

Bitcoin Spikes To $104,000, Traders Eye $130,000 Target In Late January

Bitcoin (CRYPTO: BTC) has surged past the $104,000 mark, propelled by a mix of renewed optimism surrounding the incoming US administration and strong market sentiment, according to experts. What Happened: According to Coingecko data, the cryptocurrency briefly hit $104,279 and is trading at $103,791 at the time of writing, up 5.6% on the day.

Positive
cover-imageBenzinga
January 17, 2025

MAGA Memecoin Leads Trump Meme Rally As Strategic Bitcoin Reserve Speculation Intensifies

Trump-themed meme coins are gaining momentum, with MAGA Memecoin (CRYPTO: TRUMP) and Strategic Bitcoin Reserve Coin (CRYPTO: SBR) surging ahead of the presidential inauguration on Monday. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Maga (CRYPTO: TRUMP) $3.50 $159.7 million +21.6% +26.7% SBR (CRYPTO: SBR) $2.32 $49.4 million +22.4% +186.5% MAGA Hat (CRYPTO: MAGA) $0.000112 $45.9 million +11.2% +25.8% Department Of Government Efficiency (CRYPTO: DOGE) $0.2252 $219.4 million +6.5% +22.4% Trader Notes: Crypto enthusiast CryptoThommy called SBR "the meme for this cycle," describing it as "the biggest catalyst in BTC history.

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