Bitcoin hit a record at $109,225 early Monday ahead of the inauguration ceremony of President Donald Trump, who is expected to run a pro-crypto administration. The largest cryptocurrency by market capitalization pulled back slightly to around $104,
The world's leading cryptocurrency may reach $160,000 later this year, and even jump to $240,000 in a best-case scenario, according to an expert.
Bitcoin and other cryptocurrencies recoiled after Trump's first set of policies following inauguration did not refer to this asset class.
Brian Armstrong, CEO of Coinbase, has revealed that former U.S. President Donald Trump is excited about the idea of a strategic Bitcoin Reserve.
MicroStrategy just added $243 million worth of Bitcoin to its corporate treasury, which is currently worth more than $41 billion.
The bitcoin-friendly administration of President-elect Donald Trump and an expanding lobbying effort in statehouses could bring a cryptocurrency policy blitz in 2025.
This means that a conservative view is for Bitcoin to rise almost 900% to reach gold's market cap. But it's reasonable to expect the digital asset's price to increase even more over time. That makes buying Bitcoin while it's at $95,000 a once-in-a-decade opportunity.
January 2025 marked the first anniversary of U.S Spot Bitcoin [BTC] ETFs. This groundbreaking development revolutionized both the cryptocurrency landscape and traditional finance. Approved by the U.S.
Trump is also still expected to issue executive orders that will further promote Bitcoin adoption, Reuters and other media outlets have reported.
A leak has revealed the incoming Trump administration could create a wider crypto reserve—prioritizing U.S.-created cryptocurrencies such as XRP and
Bitcoin ( BTC -0.30%) has led the way, rising 5.6% in the past 24 hours as of 12:30 p.m. ET and nearly crossing $105,000 per token. Ethereum ( ETH -0.29%) is up a more modest 2.6% in that time, and Dogecoin ( DOGE -5.53%) is up 7.3%.