Bitcoin Skyrockets as Trump Unveils Crypto Revolution

‘Buckle Up’—Bitcoin Price Braced For ‘Insane’ Week After Huge Trump Crypto Bombshell

The cryptocurrency market is on edge as Bitcoin's price has surged past $100,000 following a series of unexpected developments linked to Donald Trump's upcoming inauguration. According to Forbes, the excitement stems from leaks suggesting that Trump might introduce significant changes in the crypto landscape soon after taking office. A new memecoin promoted by Trump himself has further fueled speculation and volatility within the market. The coin, launched on the Solana blockchain with an initial supply of 200 million tokens set to grow over three years, quickly reached a staggering market capitalization exceeding $20 billion.

Pre-Trump Cheer Lifts Bitcoin Price Above $100,000

The Northwest Arkansas Democrat-Gazette reports that optimism surrounding President-elect Donald Trump's pro-crypto stance has propelled Bitcoin prices above the $100,000 mark once again. Despite his previous skepticism towards digital currencies, Trump now embraces them wholeheartedly and plans to make America "the crypto capital" through favorable regulations and initiatives like creating a U.S. crypto stockpile. His administration promises include appointing key figures supportive of cryptocurrencies across various departments such as Treasury and Commerce.

Bitcoin Surges Above $104,800 on Hopes of Pro-Crypto Trump Administration

A report from Brave New Coin Insights highlights how anticipation around potential executive orders favoring cryptocurrency policies under Trump's leadership pushed Bitcoin's value beyond $104,600 recently. Speculation about establishing strategic government reserves for bitcoin akin to oil or gold reserves adds another layer driving this rally forward while keeping traders optimistic despite technical indicators showing possible short-term pullbacks due largely to it remaining in overbought territory at present levels, according to analysts' observations shared in the article itself.

Crypto Analyst Predicts Bullish Momentum for CPOOL; Sees Potential for Ethereum & Bitcoin In 2025

Michaël van de Poppe shares insights via The Currency Analytics regarding Clearpool Protocol (CPOOL) poised for a breakout alongside positive outlooks for both Ethereum ($4k target in Q1) and BTC consolidation near current highs amidst altcoin surges. This reflects broader trends shaping up throughout the year ahead, given increasing institutional interest in decentralized finance solutions gaining traction globally among investors seeking diversification opportunities outside traditional assets.

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