Bitcoin Nears $100,000 as Policy Shifts Fuel Crypto Rally and Altcoin Surge

05.05.2025 34 times read 0 Comments

Trump’s Crypto Czar Predicts “Trump Boom” as Bitcoin Approaches $100,000

The Bitcoin price has surged nearly 30% since its April lows, now approaching the $100,000 mark per coin. According to Forbes, this rally comes as the market anticipates a $10 trillion “Wall Street earthquake” and faces “major” U.S. dollar warnings that could trigger a “geopolitical fragmentation megaforce” shock. David Sacks, President Donald Trump’s crypto czar, stated on the All In Podcast, “We’ve ended the war on crypto, and I think we’re trying to stop the regulatory capture that benefits large incumbents.” Sacks, who has a history of working with Elon Musk, predicted, “I do think that this sets us up for a Trump boom in the future,” noting that many of these changes will take time to materialize.

Recent policy shifts include the Federal Reserve rolling back Biden-era rules that restricted Wall Street’s involvement in crypto, and the Trump administration fast-tracking stablecoin legislation. Despite a drop from its January all-time high of nearly $110,000, Bitcoin has held up better than expected, buoyed by concerns over the U.S. dollar and its status as “digital gold.” Matt Mena, a strategist at 21Shares, commented, “This renewed risk-on mood is setting the stage for bitcoin to make a run at $100,000.” He highlighted that once Bitcoin cleared the $95,000 resistance with strong volume, momentum accelerated, and the asset is now behaving like a high-beta macro asset.

“We’ve ended the war on crypto, and I think we’re trying to stop the regulatory capture that benefits large incumbents.” — David Sacks, Trump’s crypto czar
Bitcoin Price (Jan 2025) Current Resistance Potential Target
~$110,000 $95,000 $100,000
  • Federal Reserve has rolled back restrictive crypto rules.
  • Stablecoin legislation is being fast-tracked.
  • Bitcoin is seen as a hedge against U.S. dollar instability.

Key Takeaway: Policy changes and renewed risk appetite are fueling optimism for a new Bitcoin rally, with experts eyeing the $100,000 milestone. (Source: Forbes)

Kidnappers in France Target Cryptocurrency Entrepreneurs

French police recently rescued the father of a wealthy cryptocurrency entrepreneur in a nighttime raid after he was kidnapped for ransom, according to NPR. The abduction occurred in Paris, and the victim was held in a house in the Essonne region, where he was found and freed on Saturday night. The prosecutor’s office reported that the incident was accompanied by a ransom demand, though specific details about the identities were not disclosed. French media indicated that the kidnappers cut off one of the man’s fingers.

Authorities detained five suspects: four were found in or near the house, and the fifth was apprehended while driving a vehicle believed to have been used in the abduction. The investigation is considering charges including kidnapping “with torture or a barbaric act.” This is not an isolated incident; in January, David Balland, co-founder of the French crypto-wallet firm Ledger, and his wife were also kidnapped for a crypto ransom. Both were freed by France’s elite National Gendarmerie Intervention Group unit.

  • Victim: Father of a cryptocurrency entrepreneur
  • Location: Paris and Essonne region, France
  • Suspects detained: 5
  • Previous case: Ledger co-founder and wife kidnapped in January

Key Takeaway: The rise in crypto-related wealth is making entrepreneurs and their families targets for violent ransom schemes in France. (Source: NPR)

Top Altcoins to Watch as Bitcoin Prepares for Breakout

According to The Cryptonomist, Bitcoin has been consolidating between $94,000 and $95,000, with market observers expecting an imminent breakout. The Fear and Greed Index has remained neutral, fluctuating between 52 and 53. A move upward from Bitcoin is anticipated to push this index higher and attract more investors.

Solana (SOL) stands out for its resilience, rebounding from lows around $112 to approximately $145, and maintaining a flat trajectory over the past week. Solana is the sixth largest cryptocurrency by market capitalization and saw $1.5 billion in trading volume in the last 24 hours. The blockchain is also benefiting from a surge in meme coin launches, which is increasing demand for SOL tokens.

OFFICIAL TRUMP (TRUMP), a Solana-based meme coin, has surged from $7 to $11 per coin in the past week. Top holders are being offered exclusive perks, such as a dinner with Donald Trump and private White House tours, fueling demand and speculation about future benefits.

Solaxy (SOLX), a new project developing the first Layer 2 network on Solana, has raised $33 million in its presale and amassed 76,000 followers on X. The project aims to address network congestion and high transaction fees on Solana. SOLX is not yet listed on exchanges, but its presale has generated significant engagement, with posts reaching over 451,000 impressions.

Token Recent Price Key Stats
Solana (SOL) ~$145 $1.5B 24h volume, 6th largest by market cap
OFFICIAL TRUMP (TRUMP) $7 → $11 Exclusive perks for top holders
Solaxy (SOLX) Presale $33M raised, 76,000 followers
  • Bitcoin’s breakout could trigger a broader crypto rally.
  • Solana benefits from meme coin activity and high trading volume.
  • OFFICIAL TRUMP offers unique real-world incentives.
  • Solaxy aims to solve Solana’s scalability issues.

Key Takeaway: Investors are eyeing Solana, OFFICIAL TRUMP, and Solaxy as top altcoin opportunities ahead of a potential Bitcoin breakout. (Source: The Cryptonomist)

Trump Calls for Fed Rate Cut: Bullish Signal for Crypto

Donald Trump has reiterated his call for the Federal Reserve to lower interest rates, a move widely seen as bullish for Bitcoin and the broader cryptocurrency market. Blockchain News reports that lower rates typically increase liquidity and make risk assets like cryptocurrencies more attractive. Traders are closely monitoring potential Fed policy changes, as these could drive upward momentum for digital assets.

  • Trump advocates for lower interest rates.
  • Lower rates historically boost crypto prices.

Key Takeaway: A Fed rate cut could provide a significant tailwind for Bitcoin and other cryptocurrencies in 2025. (Source: Blockchain News)

Gold Peaks as Bitcoin Surges: Altcoin Rally Expected

According to Blockchain News, the recent peak in gold prices has coincided with a significant upward movement in Bitcoin. Trading data from May 2025 shows Bitcoin breaking key resistance levels, a pattern that has historically preceded strong altcoin performance. Traders are watching this correlation, as previous cycles indicate that after Bitcoin rallies, altcoins often follow with substantial gains.

  • Gold and Bitcoin are both reaching new highs.
  • Altcoin rally expected to follow Bitcoin’s surge.

Key Takeaway: The current market cycle suggests that altcoins may soon experience significant gains following Bitcoin’s breakout. (Source: Blockchain News)

Ethereum Nears Key Bitcoin Price Level: 450% Gains Possible?

Cointelegraph reports that Ethereum (ETH) is approaching a critical price zone against Bitcoin (BTC), currently trading near 0.019 BTC and edging closer to 0.016 BTC. This is the same level ETH/BTC reached in September 2019 before rallying nearly 450% over the following year. The current setup mirrors 2019, with an oversold RSI and prolonged weakness below key moving averages.

Ethereum is down over 80% from its 2021 peak, facing skepticism over its switch to proof-of-stake and competition from Bitcoin’s growing institutional dominance. In response, Ethereum co-founder Vitalik Buterin has proposed new architecture and protocol-wide standards to make Ethereum simpler and more maintainable within five years. However, critics like Adam Back argue that Ethereum’s complexity and shift to PoS have increased technical risks and concentrated power among insiders.

ETH/BTC Level (May 2025) Historical Reference Potential Upside
0.019 BTC 0.016 BTC (Sept 2019) 450% rally (2019-2020)
  • ETH/BTC is near a historical bottom.
  • Vitalik Buterin proposes major protocol changes.
  • Critics warn of technical and governance risks.

Key Takeaway: Ethereum’s price action against Bitcoin is at a critical juncture, with historical precedent suggesting a possible major rebound if key levels hold. (Source: Cointelegraph)

Ethereum Whale Sells 76,000 ETH as BlackRock Increases Holdings

An Ethereum “ICO whale” who bought 76,000 ETH during the 2015 initial coin offering has sold all of his holdings, according to The Crypto Times. The whale moved 2,000 ETH (worth about $3.66 million) to Kraken, sparking speculation about the reasons for the exit after nearly a decade. On the same day, BlackRock reportedly added 10,955 ETH (valued at roughly $20.1 million) to its Ether ETF, supplementing its earlier $54 million Ethereum investment. BlackRock has also invested about $674.91 million in Bitcoin-related ETFs.

Despite these large transactions, Ethereum’s price remained stable, trading around $1,827. The price attempted to surpass $1,872 but fell back, with $1,813 now acting as short-term support. If ETH stays above this level, it could target $1,925; a drop below $1,813 would shift focus to the April 30 low of $1,732.

ETH Whale Sale BlackRock ETH Purchase ETH Price (May 2025)
76,000 ETH 10,955 ETH ($20.1M) ~$1,827
  • Major ETH whale exits after nearly 10 years.
  • BlackRock increases its Ethereum ETF holdings.
  • ETH price remains stable despite large transactions.

Key Takeaway: Large-scale ETH movements by both individual and institutional investors have not yet triggered significant price volatility. (Source: The Crypto Times)

Vitalik Buterin: Privacy Is the “True Alpha” in Crypto

Ethereum co-founder Vitalik Buterin has emphasized that privacy is the most underrated strength in crypto, calling it the “true alpha,” according to U.Today. In a recent X post and April essay, Buterin argued that privacy is essential for freedom, social order, and innovation, especially as AI and biometric technologies advance. He highlighted the integration of advanced zero-knowledge proof systems into Ethereum apps, which allow users to prove information without revealing underlying data.

Buterin warned that without privacy, other crypto values like openness and decentralization could break down. He advocates for designing systems that avoid collecting sensitive information, using cryptographic tools such as fully homomorphic encryption and zero-knowledge proofs.

“Privacy was always the true alpha.” — Vitalik Buterin, Ethereum co-founder
  • Privacy is essential for user autonomy and system integrity.
  • Zero-knowledge proofs are being implemented in Ethereum apps.
  • Buterin calls for privacy-first system design.

Key Takeaway: Buterin’s focus on privacy underscores its growing importance in the evolving crypto landscape. (Source: U.Today)

XRP Market Cap Poised to Surpass Ethereum in 2025?

Crypto News reports that Ripple (XRP) and Ethereum (ETH) have formed divergent chart patterns, raising the possibility that XRP could become the second-largest cryptocurrency by market cap this year. As of May 2025, Ethereum traded around $1,837 with a market cap of $220 billion, while XRP was at $2.20 with a $150 billion market cap.

Technical analysis shows Ethereum has formed a double-top pattern at $4,086, with a neckline at $2,140. This pattern suggests a potential drop to $952, which would reduce Ethereum’s market cap to about $120 billion. In contrast, XRP has formed a bullish pennant and a falling wedge, remaining above its 100-day moving average. If XRP reaches its year-to-date high of $3.4, its market cap could approach $200 billion. Additional catalysts for XRP include the potential approval of a spot XRP ETF and the growing market share of the Ripple USD (RLUSD) stablecoin, which has surpassed $293 million in market cap.

Token Price (May 2025) Market Cap Potential Target
Ethereum (ETH) $1,837 $220B $952 (bearish target)
XRP $2.20 $150B $3.4 (bullish target)
  • Ethereum faces bearish technical patterns.
  • XRP shows bullish chart formations and strong fundamentals.
  • XRP ETF approval and RLUSD growth are key catalysts.

Key Takeaway: If current trends continue, XRP could overtake Ethereum as the second-largest cryptocurrency by market cap in 2025. (Source: Crypto News)

Sources:

Your opinion on this article

Please enter a valid email address.
Please enter a comment.
No comments available
Counter