Bitcoin's $105K Dream Hinges on Post-Holiday Trading Revival and Regulatory Winds

Bitcoin's Path to $105K Depends on Boost in Trading Volume

The Crypto Times reports that Bitcoin, currently priced at $97,729, has dropped significantly from its all-time high of $108,300 on December 17. Decreased trading activity during the holiday season is making it hard to maintain the $100,000 mark. Bitfinex analysts are optimistic about a recovery rally, expecting trading volume to rise post-holidays, and predict Bitcoin could trade between $95,000 and $110,000 by the end of January. Additionally, the inauguration of President-elect Donald Trump could lead to improved cryptocurrency regulations in the U.S., positively impacting Bitcoin's long-term price.

Forget Bitcoin Dominance: This Presale Meme Coin’s 30,000% Surge Is Turning Heads

According to crypto.news, while Bitcoin remains significant, the new meme coin DOGEN gained attention with a 30,000% presale surge. Initially priced at $0.0013, it is expected to rise further mainly due to community incentives like staking options and referral programs, combined with its development on the Solana ecosystem.

Crypto Today: PEPE & Solana Lead Market Rebound Sparked By Musk And Saylor

FXStreet highlights that bullish moves inspired by figures like Elon Musk, who updated his X profile picture to feature Pepe The Frog, have rejuvenated memecoin markets. Meanwhile, Michael Saylor's continued Bitcoin buying spree is pulling prices towards previous highs despite ETF outflows. A potentially favorable regulatory environment under the new Trump administration boosts investor confidence, predicting higher valuations in the coming years.

Tether Faces Challenges Amid MiCA Law Implementation While Altcoins Rise

Investing.com reports that Tether (USDT) faced difficulties as the EU's Markets in Crypto-Assets law led some exchanges to delist it over compliance concerns, affecting market capitalization. However, the altcoin sector showed resilience, rebounding from recent losses. Analysts anticipate that friendlier U.S. policies could attract capital flows, unlocking new potentials in the crypto markets.

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Bitcoin Targets New Heights Amid Political Shifts The cryptocurrency market is abuzz with Bitcoin's recent price movements, as reported by CCN.com. After reclaiming the $100,000 mark, Bitcoin (BTC) shows potential for further growth. The anticipation surrounding Donald Trump's inauguration and his...

Article Summary

Bitcoin's potential rise to $105K hinges on increased trading volume, with optimism for a post-holiday recovery and favorable U.S. regulations under Trump potentially boosting its long-term price; meanwhile, new meme coins like DOGEN are gaining attention due to significant presale surges and community incentives.