The price of Bitcoin has dwindled as traders anticipate Donald Trump's crypto executive order following his inauguration.
As the new crypto-friendly administration takes office, crypto investors expect a likely volatile market. However, some analyst shared their bullish predictions as Bitcoin (BTC) hit its latest all-time high (ATH) of $109,000.
El Salvador added 12 Bitcoin to its reserves, reaffirming its commitment to cryptocurrency despite an agreement with the IMF to scale back its Bitcoin initiatives.
According to David Lawant, head of research at FalconX, Bitcoin, the flagship cryptocurrency, recorded a whopping $46 billion in spot trading volume on Monday.
Polymarket bettors currently estimate a 64% chance that the U.S. will establish a national bitcoin reserve by the end of 2025, following Donald Trump's inauguration today. Bettors Still Signal Strong Support for U.S. Bitcoin Reserve Proposal The concept of a U.S.
Ripple's XRP is currently down by more than two percent and is trading at $3.05 levels. The price is attempting to break above its all-time high territory and while there was an attempt to do so a few days ago, it was not a sustained breakout.
Crypto Market Today: In a riveting turn of events, following Donald Trump's presidential inauguration on Monday, the crypto realm appears to have witnessed mixed price actions recently. While Bitcoin (BTC) price maintained a hold above the $102K level, top meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Official Trump (TRUMP) have traded in
Options continue to show a bias for BTC relative to ETH despite Trump bypassing any mention of strategic bitcoin reserve in his inaugural speech on Monday.
XRP has experienced substantial growth, particularly following the November 2024 U.S. presidential elections, where Donald Trump's victory fueled a surge in the cryptocurrency's value. Starting at around $0.50, XRP saw an explosive rise, reaching a peak of $3.39, marking a stunning 520% gain in just one month.
XRP price started a fresh increase above the $3.250 level. The price is holding gains and might start another increase if it clears the $3.180 resistance.
Undoubtedly, Bitcoin has seen significant growth over the past years both in market price and as a network, solidifying its reputation as a considerable financial haven. Adding more credibility to this fact, a CryptoQuant analyst known as Gaah recently highlighted a notable trend: a large volume of Bitcoin—roughly 1 million BTC—has been withdrawn from crypto exchanges over the past three years.
Bitcoin has reached a new all-time high of $109,357 after a week marked by extreme volatility. The cryptocurrency dropped sharply to the $89,000 level last Monday, only to rebound with an impressive 22% surge, propelling it to new heights.
Ethereum price remained below the $3,500 resistance while Bitcoin rallied. ETH is consolidating above $3,120 and facing many hurdles.
Recent XRP price performances have sparked bullish excitement in the altcoin community, as experts say Ripple could rival Bitcoin, just like in 2018. Another altcoin asset gaining widespread attention is Propichain, an Ethereum-based altcoin investment platform.
Bitcoin price started a short-term downside correction after setting a new all-time high. BTC is consolidating above $101,000 and might aim for a fresh increase.
North America may be on the cusp of a crypto golden era if it ends up with two pro-crypto heads of state. This Year Could See Two North American Pro-Crypto Heads of State Long before U.S.
On-chain data shows the XRP whales have been making a large amount of inflow transactions to Binance recently, a sign that may not be ideal for the asset's price. XRP Whales Have Made A High Number Of Transactions To Binance Recently As explained by an analyst in a CryptoQuant Qucktake post, the XRP Whale to Exchange Transactions metric has spiked for the cryptocurrency exchange Binance recently.
El Salvador's total stockpile now stands at 6,044 Bitcoin, worth over $617 million, after the country bought an additional 12 BTC in the last day.
Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have been locked in a contentious legal battle since December 2020, with the SEC accusing Ripple of conducting an unregistered securities offering through its digital asset, XRP. The case has dragged on for almost four years, and as 2025 approaches, legal experts are predicting that the lawsuit may extend for several more months, possibly up to 10 months.
The adoption of a corporate treasury diversification strategy of allocating cash reserves for the purchase of bitcoin has seen Rumble make its first acquisition. Rumble Makes Its First Bitcoin Purchase Tether-backed video-sharing website Rumble has bought its first bitcoin. This was revealed in an X post by its founder and CEO, Chris Pavlovski.
The phrase 'how to buy crypto' garnered a 100 rating as a Google search term this past week, indicating potential retail interest.
As Donald Trump was inaugurated as the 47th President of the United States, Bitcoin prices experienced a notable correction, and the Solana-based TRUMP meme coin plummeted by over 40% within 24 hours. Investors, however, are maintaining cautious optimism, awaiting potential new executive orders and announcements from World Liberty Financial (WLF).
On Monday, following Donald Trump's inauguration and address—an event that made no mention of bitcoin or crypto assets—the cryptocurrency market experienced a pullback. Bitcoin fell 5.7% from its all-time high (ATH) of $109,356 recorded on Jan. 20, slipping to $103,092 per coin.
XRP, the cryptocurrency associated with Ripple, recently achieved a milestone by recording its highest weekly candle ever at $2.95 on the Binance exchange. However, despite this significant achievement, the token has since faced a correction, dipping below the psychologically crucial $3 mark and raising concerns among investors.
Shiba Inu is still having a lot of trouble because its price is not able to hold onto important support levels. The asset has been declining, which is a worrying indication for traders.
Ethereum (ETH) continues to lose ground to Bitcoin (BTC) as the latter's dominance rises, with US President-elect Donald Trump set to take office later today. At the time of writing, the ETH/BTC trading pair stands at 0.031, marking a four-year low for the ratio.
South Korean regulators have granted a second crypto brokerage with a VASP license, suggesting they may finally be ready to let companies buy Bitcoin (BTC) and other cryptoassets. The post South Korean Brokerage Wins VASP License – Seoul to Finally Let Firms Buy BTC? appeared first on Cryptonews.
Bitcoin, the world's leading cryptocurrency, continues to attract attention from investors and analysts alike. As we move into 2025, many are asking: can Bitcoin's price soar to new heights?
The CEO of video sharing platform Rumble said it has bought Bitcoin, less than two months after announcing a treasury reserve strategy.
Bitcoin (BTC) registered a significant recovery in the past week, jumping from the $90,000 price area to a new all-time high at $109,357.07 on Jan. 20. However, a new Bitfinex Alpha report warns that BTC's upward momentum faces potential headwinds, as “sell-the-news” trading behavior looms large.
The crypto market is buzzing with excitement as veteran analyst Dave the Wave, known for accurately predicting both the top and bottom of the 2021-2022 market cycle, signals that Bitcoin (BTC) could be gearing up for a massive parabolic move. According to Dave, the leading cryptocurrency is on the brink of breaking key resistance levels, potentially sending it past its all-time highs and into uncharted territory.
Bitcoin has reached new all-time highs, surging to $109,357 for the first time since December, marking a historic moment for the cryptocurrency. This milestone has reignited bullish sentiment across the market, with many analysts forecasting a massive surge in the coming weeks.
The DeFi protocol linked to Donald Trump added Wrapped Bitcoin and other assets to its balance sheet in an Inauguration Day buying spree.
Bitcoin has achieved a significant milestone, reaching a new all-time high above $109,000 on January 20, 2025, just ahead of U.S. President-elect Donald Trump's inauguration. This impressive surge in Bitcoin's price marks a major moment in cryptocurrency history, eclipsing its previous record set just a month ago, when it briefly touched $108,000 in mid-December 2024.
The current market sentiment appears confusing due to the immense profit-taking in the past 24 hours. Amid this, XRP, the native token of Ripple Labs, seems promising and is poised for a massive upside rally, as long-term holders have shown strong interest and have been accumulating substantial amounts of tokens.
Bitcoin hit new highs on Jan. 20, but data shows traders are neutral as the market waits to see if a BTC-friendly executive order is issued by President Trump.
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Bitcoin remains the front and centre of all financial debates following Trump's inaugural speech on Monday. Trump focused primarily on national issues like immigration, economic policies, and energy production in his inaugural address. Despite his recent support for BTC, the speech was rather silent on crypto.
The crypto market experienced a surge in liquidations, reaching $1.28 billion, as Trump's inauguration speech skipped any mention of bitcoin.
"I don't know how borrowing money to buy bitcoin helps on any of Trump's platforms," Hayes said.
A crypto analyst who accurately forecasted the Bitcoin price crash to $99,000 has now made another notable prediction for the pioneer cryptocurrency. While the analyst's previously bearish projection was driven by volatility and waning market demand for Bitcoin, his new forecast sees the cryptocurrency skyrocketing to new highs above $110,000, fueled by its recent bullish performance.
Bitcoin sits comfortably above the $100,000 level as Donald Trump was sworn in as the 47th President of the United States on Monday. But experts are fully convinced that it's gearing up to push further in the first 100 days of the Trump administration.
Robert Kiyosaki, the author of the popular financial book Rich Dad Poor Dad, has once again encouraged investors to buy more Bitcoin, predicting further growth for the cryptocurrency as it approaches a new all-time high.
President Trump's key priorities for his second term include improving public safety, pursuing energy independence, promoting “American values,” and cutting back on government excess.
The inauguration of President-elect Donald Trump became one of the biggest events for the cryptocurrency community, as everyone eagerly awaited Trump's words to see if he would mention anything related to crypto. During the event, rumors circulated that Trump's World Liberty organization had made significant purchases of Bitcoin (BTC) and Ethereum (ETH).
World Liberty Financial (WLFI), a decentralized finance platform reportedly backed by Donald Trump and his family, made headlines with a massive cryptocurrency buying spree just hours before Trump's inauguration ceremony.
Bitcoin (BTC) is once again at the center of attention as it inches closer to its all-time high, following a week of dramatic price movements that showcased the cryptocurrency's signature volatility. After briefly plummeting to $89,100, shaking investor confidence, Bitcoin made a strong comeback, surging over 18% in less than six days.